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….....................is an acronym to describe the ever-changing business environment and world around us as a chaotic situation.Select one:a.ISDCb.VUCAc.ECBEd.None of these

Question

….....................is an acronym to describe the ever-changing business environment and world around us as a chaotic situation.Select one:a.ISDCb.VUCAc.ECBEd.None of these

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Solution

The correct answer is b. VUCA. VUCA stands for Volatility, Uncertainty, Complexity, and Ambiguity. It's a term that originated in the military to describe the chaotic, turbulent, and rapidly changing conditions that are common in today's business environment.

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