Question

one of the aims of managers is to minimize ________ because it limits organization s effectiveness.

1)threats
2)competition
3)uncertainty
4)increase in prices​

Answer 1

Answer:

4) increase in prices

hope this help you

Answer 2

One of the aims of managers is to minimize uncertainty because it limits organizations' effectiveness.

• Uncertainty is caused due to the difficulty of predicting the future in a business environment caused due to the presence of several dynamic and complex factors present in the business environment in which the organization exists and grows.
• One of the most important jobs of a manager is to minimize the uncertainty faced by an organization.
• By planning ahead and forecasting a manager aims to reduce uncertainty which might hamper an organization's progress and growth.
• A manager can't eliminate uncertainty completely for an organization. But, he must strive to minimize it to the greatest extent possible so as to not limit an organization's effectiveness.
• The other given factors are much harder for a manager to minimize if not outright impossible as is the case with increase in prices.
• An increase in price is a factor completely out of the control of a manager. He can only try to predict it and find a way to minimize its effects on the organization.

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