Which of the Following Is Not a Reason Why Some

question 1

Multiple Choice

Which of the following is not a reason why some firms prefer to conduct strategic- planning in secret?

• A)Dissemination of a firm's strategies may translate into competitive intelligence for rival firms.
• B)Secrecy limits rival firms from imitating or duplicating the firm's strategies.
• C)It enhances understanding,commitment and communication within the firm.
• D)Participants in a visible strategy process become more attractive to rival firms,who may lure them away.
• E)It limits criticism,second- guessing and hindsight.

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Definitions:

Final Payment

The last payment made to settle a debt or financial obligation, typically at the end of a loan term.

Monthly Payments

Payments made every month towards the balance of a loan, mortgage, or other long-term financial obligation.

Principal Balance

The original amount of money lent or invested, before any interest or profit is added to it or any payments are made.

Amortized

Definition: The process of spreading out a loan into a series of fixed payments over time.