With Regard to the Visible or Hidden Issue, Most Executives

question 80

Multiple Choice

With regard to the visible or hidden issue, most executives agree that

• A) the SEC should regulate whether or not companies make their strategic information visible.
• B) some strategic information should remain confidential to top managers.
• C) a company has gone too far when it takes steps to ensure that strategic information is not disseminated beyond "the inner circle."
• D) the potential benefit of improved employee and stakeholder motivation and input is not worth the risk of rival firms easily knowing and exploiting a firm's strategies.
• E) keeping strategies secret from employees and stakeholders will likely improve communication, understanding, and commitment.

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Definitions:

Topographical Map

A type of map characterized by large-scale detail and quantitative representation of relief, usually using contour lines.

Indifference Map

A graphical representation showing different bundles of goods between which a consumer is indifferent.

Demand Curves

A graphical representation showing the relationship between the price of a good and the quantity of that good consumers are willing to buy.

Indifference Map

A graph showing a set of indifference curves, illustrating combinations of goods or services among which a consumer is indifferent.