If There Is Little Fit Between a Strategic Alternative Under

question 2

Multiple Choice

If there is little fit between a strategic alternative under consideration and the corporate culture,which of the following is one of management's options to consider?

• A) Take a chance on ignoring the culture by implementing the strategic alternative.
• B) Manage around the culture and change the implementation plan.
• C) Try to change the culture to fit the strategy.
• D) Change the strategy to fit the culture.
• E) Restrict the firm to consider only those strategies compatible with the culture.

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Definitions:

Tax Revenue

Government income collected from citizens and businesses through imposed levies and duties.

Tax

A mandatory financial charge or some other type of levy imposed upon a taxpayer by a governmental organization in order to fund government spending and various public expenditures.

Good

An item or service that fulfills a consumer's want or need, which can be tangible, like a car, or intangible, like a service provided by a dentist.

Total Surplus

The sum of consumer surplus and producer surplus in a market, representing the total net benefits received by all participants.