4.(10 points) You are the new CEO of a large telecommunications company. Your company has many different kinds of products that it provides to many different customers. You have many competitors. Which two of the three sources of environmental uncertainty are the most important for your company? For both, describe the source, including what level of uncertainty it crates and how it does so (2 x 3 points). Of the seven strategies for dealing with uncertainty and interdependence, which two are the most important ones for you to use in managing the organizational environment and why (3 points)? Be sure that your answer is clear and fully explained (1 point).
5. (10 points) Background: A cooperative (“co-op”) organization is an independent association of people who unite to achieve some economic, social or cultural goal through a jointly-owned and democratically controlled enterprise. Describe a concrete and specific example of how the agency problem could arise in a co-op organization (3 points). How would the unique features of co-op organizations influence agency problems (3 points)? Be sure that your answer defines and explains what an agency problem is (3 points), and is coherent and consistent (1 point).
