VUCA World

1. The acronym VUCA was first used in 1986.

• TRUE

• FALSE

2. Ambiguity refers to the speed of change in an industry, market or the world in general.

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• FALSE

3. Complexity refers to the number of factors that we need to take into account, their variety and the relationships between them.

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• FALSE

4. There are nine (9) dimension or behavioral pattern in VUCA world.

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• FALSE

5. The letter U in VUCA stands for Universal.

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• FALSE

6. Most people purchase products online, even without the assurance that the products are of good quality.

• Volatility

• Uncertainty

• Complexity

• Ambiuity

7. My friend keeps on buying every new model of cellphone because she always wants to be advance in terms of the latest technology.

• Volatility

• Uncertainty

• Complexity

• Ambiuity

8. Jason is confused about what college course to enroll because the university offers many courses that he likes.

• Volatility

• Uncertainty

• Complexity

• Ambiuity

9. Products that are an absolute success today may disappear within one years’ time.

• Volatility

• Uncertainty

• Complexity

• Ambiuity

10. I quit my job to start my business, but I don’t know when I would start earning money and if my business will succeed.

• Volatility

• Uncertainty

• Complexity

• Ambiuity