The Main Reason for the Transition from Corporate Planning to Strategic

question 3

Multiple Choice

The main reason for the transition from corporate planning to strategic management during the latter half of the 1970s was:

• A)The increasing costs of corporate planning departments.
• B)Disappointing outcomes of corporate diversification.
• C)A more turbulent business environment that became increasingly difficult to predict.
• D)Growing disillusionment with central planning.

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Definitions:

Computer Networks

Systems that connect multiple computers and other electronic devices to share resources and information.

Primary Storage

Also known as main memory, it is the storage within a computer that is directly accessible to the CPU, used for storing currently executing programs and immediately needed data.

Program Instructions

Specific commands or sets of commands designed to be executed by a computer to perform a particular task.

Eight Bit String

A sequence of eight bits (binary digits), often used to represent a single character of text in computer processing.