Asked by Pannu Jassi on Apr 25, 2024

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____ is a low-probability, high-impact event that can seriously harm the company.

A) Feedforward control
B) An executive reality check
C) The PDCA cycle
D) Deming management
E) An organizational crisis

Low-Probability

Referring to events or outcomes that have a small chance of occurring, often used in risk assessment and decision-making processes.

High-Impact Event

A significant occurrence that has a major influence or effect on an individual, group, organization, or system.

Organizational Crisis

A significant threat to operations that can have damaging consequences if not managed properly, requiring immediate and effective responses.

  • Gain an understanding of the fundamental concepts and different forms of control mechanisms in organizational contexts.
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Nischal Ghimire6 days ago
Final Answer :
E
Explanation :
An organizational crisis is a low-probability, high-impact event that can seriously harm the company. Feedforward control, an executive reality check, the PDCA cycle, and Deming management are all related to quality management and continuous improvement processes, but they do not specifically address the issue of an organizational crisis.