To Determine Strategic Direction for the Future, Leaders Do All

question 2

Multiple Choice

To determine strategic direction for the future, leaders do all EXCEPT:

• A) use SWOT analysis.
• B) consider trends in technology.
• C) develop industry foresight.
• D) use the Hersey and Blanchard Situational Theory model.

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Definitions:

Model C

A specific model or version within a series of designs, products, or frameworks, distinguished by unique features or specifications.

M/D/1 System

A queueing model describing a service system with a single server, Poisson arrival process, deterministic service times, and a queue capacity of one.

Exponential Service

A distribution model describing the time between events in a Poisson process, often used in queuing theory to model times between services.

Poisson Arrival

Describes a process where events occur randomly and independently of one another at a constant average rate, often used in queueing theory.