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:

Government Expenditures

The total amount spent by the government for its operations, projects, and policies, including infrastructure, public services, and social security payments.

Government Revenues

The total income received by the government from taxes and non-tax sources.

Transfer Payments

Payments made by the government to individuals, such as social security or unemployment benefits, that do not correspond to a current supply of goods or services.

Market Interest Rate

The prevailing rate at which borrowers are willing to borrow money and lenders are willing to lend in the market, often influenced by the central bank's policies.