VUCA is a comprehensive assessment of which of these things?Select one:a.Varying types of leadership style in organizational managementb.Various marketing strategies that can be used to advertise productsc.The different types of employees businesses manage in the workplaced.The challenging circumstances businesses face in today's market
Question
VUCA is a comprehensive assessment of which of these things?Select one:a.Varying types of leadership style in organizational managementb.Various marketing strategies that can be used to advertise productsc.The different types of employees businesses manage in the workplaced.The challenging circumstances businesses face in today's market
Solution
The correct answer is d. The challenging circumstances businesses face in today's market.
VUCA stands for Volatility, Uncertainty, Complexity, and Ambiguity. It is a concept that originated with students at the U.S. Army War College to describe the more volatile, uncertain, complex, and ambiguous, multilateral world which resulted from the end of the Cold War. It's now used in emerging ideas in strategic leadership that apply in a wide range of organizations, including everything from for-profit corporations to education.
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