Question

The term VUCA has become a popular managerial acronym for the challenges that are faced in the world today.

Which of the following is the correct explanation of VUCA:
A. Versatile, Uncertain, Complex & Ambiguous.
B. Versatile, Unambiguous, Complex & Assertive
C. Volatile, Uncertain, Complex & Ambiguous.
D. Volatile, Unambiguos, Complex & Assertive.

Answer 1

The correct explanation of VUCA is option C:

C. Volatile, Uncertain, Complex & Ambiguous.

VUCA is an acronym that stands for Volatile, Uncertain, Complex, and Ambiguous. It is used to describe the unpredictable and rapidly changing nature of the business and organizational environment in today's world. The term highlights the challenges faced by managers and leaders in dealing with situations that are characterized by volatility, uncertainty, complexity, and ambiguity.