All of the Following Are Reasons to Be Completely Open

question 104

Multiple Choice

All of the following are reasons to be completely open with the strategy process except

• A) managers, employees and other stakeholders can readily contribute to the process.
• B) investors, creditors and other stakeholders have greater basis for supporting a firm that is open.
• C) visibility promotes democracy whereas secrecy promotes autocracy.
• D) participation and openness enhances understanding, commitment and communication within the firm.
• E) openness limits rival firms from imitating or duplicating the firm's strategies.

---

Definitions:

Energy Resource

Any natural or artificial substance or phenomenon that can be utilized to produce power, such as fossil fuels, solar, wind, or hydro power.

Oil And Gas

Natural resources that are extracted from the Earth and used primarily for energy and as raw materials in the production of chemicals.

Coal

A combustible black or brownish-black sedimentary rock formed from ancient plant matter, used primarily for electricity generation and steel production.

Oil Shale

Sedimentary rock that contains significant amounts of organic material in the form of kerogen, which can be converted into crude oil through heating.