What does the term VUCA stand for, and why is it considered crucial for organizations in

today's rapidly changing world?

A$)$ VUCA stands for Volatility, Understanding, Complexity, Ambiguity, and it emphasizes the need for

traditional methods and practices in organizations

B$)$ VUCA stands for Versatility, Uniformity, Coordination, Adaptation, and it underlines the irrelevance of business agility.

C$)$ VUCA stands for Vigilance, Unity, Clarity, Adaptability, and it suggests that organizations should stick to old certainties.

D$)$ VUCA stands for Velocity, Unpredictability, Complexity, Ambiguity, and it highlights the importance of effective leadership and strategic control.