It was suitable to the decision-making under more uncertain environments.
So, objectively more uncertain environments with the same mean expectations are also subjectively more uncertain, and objective uncertainty can stand proxy for subjective uncertainty in the model that follows.
Consequently, in a contingency theory of new-member acquisition, the appropriate balance between selection and negotiated joining depends on the level of uncertainty in the external environment: more uncertain environments require less-predefined, more open-ended roles and call for more negotiation-dominant membership management processes.
The economic prosperity of the 1960s that allowed the U.S. to have difficult conversations about race, war and gender gave way to a more uncertain environment with higher unemployment and inflation.
In the wild, developmental disadvantage could be predictive of a more uncertain environment per se independent of competition, perhaps selecting for developmentally plastic strategies to insure against or reduce uncertainty via sampling the environment by CFL.
But as organizations face more uncertain external environments (Christensen, 1997; Lester and Piore, 2004; Wheatley, 2006; Stark, 2009), systematic growth poses a challenge that existing theory cannot resolve.
In the quarter, Wachovia recorded a provision for credit losses of $408 million, up from $108 million, reflecting a deterioration in credit quality, a more uncertain credit environment and loan growth.
"The board judged that, with modest domestic growth and a weaker and more uncertain international environment, the outlook for inflation afforded scope for a more accommodative stance of monetary policy," the central bank's governor, Glenn Stevens, said in prepared remarks after the bank board's monthly meeting.
Due to an increased penetration of distributed energy resources, as well as more uncertain operating environment, etc., present distribution power system is facing many challenges.
Bond-trading revenue fell sharply in the third quarter -- by 26% to $2.8 billion -- amid "lower volumes and a more uncertain macro environment," the bank said.
"The more uncertain the economic environment, the stronger the tension," Ms. Farrell acknowledged in an interview on Monday.
