Question
Immelt says that to make GE's size an advantage at a time when emerging markets are growing faster than developed markets, he had to change
Immelt says that to make GE's size an advantage at a time when emerging markets are growing faster than developed markets, he had to change GE's culture from one that was process-driven but centralised to one that is decentralised and risk-based. Just going on how Immelt describes risk-based decision-making, which of the following functions (as conceived by Knight) do his managers play when making risk-based decisions?
A.) the role of a salaried manager who manages risk
B.) the role of a consumer who wants certain goods
C.) the role of an entrepreneur who creates new markets
D.) the role of a producer who manufactures goods or provides services
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