An Organization's __________ Is Composed of the Key Individuals Who

question 89

Multiple Choice

An organization's __________ is composed of the key individuals who are responsible for selecting and implementing the firm's strategies.

• A) top management team
• B) board of directors
• C) keiretsu
• D) governance circle

---

Definitions:

Farsighted Management

Strategic approaches in management that emphasize long-term planning, foresight, and anticipation of future trends or events.

Solutions

Refers to methods or processes devised to solve problems or achieve objectives.

Problems

Challenges, obstacles, or issues that need to be resolved or dealt with, which can arise in various contexts such as personal life, work, education, or technology.

Competitive Advantage

The favorable position an organization seeks in order to be more successful than its competitors, often through unique resources, capabilities, or strategies.