Which of the Following Is a Reason Why It Is

question 68

Multiple Choice

Which of the following is a reason why it is important for students to study strategy and the strategic management process?

• A) Studying strategy and the strategic management process can give students tools to evaluate the strategies of firms that may employ them.
• B) It can be very important to a new hire's career success to understand the strategies of the firm that hired them and their place in implementing these strategies.
• C) While strategic choices are generally limited to very experienced senior managers in large organizations, in smaller and entrepreneurial firms many employees end up being involved in the strategic management process.
• D) All of the above.

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Definitions:

Evolutionary Forces

Natural mechanisms, including mutation, genetic drift, gene flow, and natural selection, that lead to changes in gene frequencies within populations over time.

Financial Resources

Financial resources refer to money or any other assets that can be used to support an organization, individual, or project.

Refractory Period

A phase right after stimulation when a nerve or muscle cannot respond to additional stimulation.

Plateau Phase

A stage in sexual response where arousal is maintained at a high level, often preceding orgasm.