Which of the Following Is Not a Reason Why Some

question 113

Multiple Choice

Which of the following is not a reason why some firms prefer to conduct strategic-planning in secret?

• A) Dissemination of a firm's strategies may translate into competitive intelligence for rival firms.
• B) It enhances understanding, commitment and communication within the firm.
• C) It limits criticism, second-guessing and hindsight.
• D) Participants in a visible strategy process become more attractive to rival firms, who may lure them away.
• E) Secrecy limits rival firms from imitating or duplicating the firm's strategies.

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Definitions:

Standard Deviation

A statistical measure that quantifies the variation or dispersion of a set of data points around their mean average.

Fixed-Interval

In the context of psychological reinforcement, it refers to a schedule where rewards are given after a fixed time period has elapsed, assuming a correct response is made.

Random-Interval

A timing schedule in operant conditioning where reinforcements are given at unpredictable intervals.

Variability

The extent to which data points in a statistical distribution or data set diverge from the average value.