The Implementation of Strategies in an Organization Should Happen Largely

question 23

Multiple Choice

The implementation of strategies in an organization should happen largely through tactical planning. This means that _____ in each key area of the organization must develop plans to carry out core strategies in their area.

• A) middle managers
• B) first-line managers
• C) supervisory managers
• D) top managers

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Definitions:

Uncertainty

The state of having limited knowledge where it is impossible to exactly describe the existing state, a future outcome, or more than one possible outcome.

Fairness

The impartial and just treatment without favoritism or discrimination; in economics, often related to equitable distribution of resources and opportunities.

Behavioral Economics

A field of study that analyzes the effects of psychological, cognitive, emotional, cultural, and social factors on the economic decisions of individuals and institutions.

Supermarket Strategies

Marketing and management tactics used by supermarkets and retail stores to increase sales, customer satisfaction, and market share.