Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

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

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Strategic Management Awareness And Change

Authors: Frank Martin , John Thompson , Jonathan M.Scott

8th Edition

1473726336, 978-1473726338

More Books

Students also viewed these General Management questions