Successful Organizations Must Be Visionary,which Includes the Ability to

question 71

Multiple Choice

Successful organizations must be visionary,which includes the ability to

• A)develop strategies based on those that were successful in the past.
• B)be backward-looking,examining the past carefully to learn from mistakes.
• C)anticipate future events and respond quickly and effectively.
• D)hire the most culturally diverse team possible in order to generate the best new ideas.
• E)involve all stakeholders of the organization when defining its business mission.

---

Definitions:

Derived-Demand Inventory

Inventory levels that are influenced by the demand for the final goods or services produced by a company.

Auto Manufacturer

A company engaged in the designing, production, marketing, and selling of motor vehicles.

Corn Farmer

An agricultural professional focused on the cultivation and production of corn crops.

Auto Glass

Glass used in the manufacture of vehicle windows and windshields, specifically designed for durability and safety.