When a Firm's Executives Are Fully Committed to Strategic Planning

question 60

True/False

When a firm's executives are fully committed to strategic planning, they do not need each business area to develop its own strategic plan.

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Definitions:

Authoritative Parenting

This style encourages children to be independent but still places limits and controls on their actions. Extensive verbal give-and-take is allowed, and parents are warm and nurturant toward the child. This style is associated with children’s social competence, achievement orientation, and self-reliance.

Permissive Parenting

A parenting style characterized by low demands with high responsiveness, where parents are generally lenient and allow considerable self-regulation.

Double Disadvantage

A situation where an individual or group faces multiple layers of marginalization, discrimination, or barriers, exacerbating their overall disadvantage in society.

Failure

The lack of success in achieving or accomplishing a desired goal or objective.