Question

True or false? Managers generally face lesser uncertainty when many contextual forces impact an

industry and when these same forces are constantly changing.

Answer 1

False

Step-by-step explanation:

Managers encounter more "uncertainty when many contextual forces impact their industry and when these same forces are constantly changing" or evolving, from one period to the next. The uncertainties should be embraced as a part of doing business. The uncertainties underpin the risks that every business entity faces and the associated returns (losses) or rewards are based on the risk management efforts of managers.