The Fact That Managers Need to Confront Unique and Changing

question 6

Multiple Choice

The fact that managers need to confront unique and changing market conditions and competitive situations for which there is often no historical record to guide them explains why strategic decisions are characterized as:

• A) Difficult to reverse
• B) Costly to implement
• C) Ill-structured and non-routine
• D) Having a significant effect on the subsequent actions of the organization

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Definitions:

Breccia

A coarse-grained sedimentary rock composed of angular fragments, usually formed at a fault zone or by volcanic activity.

Sandstone

A sedimentary rock composed mainly of sand-sized mineral particles or rock fragments, often used in building and construction.

Sedimentary Clasts

Fragments or grains of rock or mineral that have been broken from a pre-existing rock and transported, eventually being deposited as sedimentary rock.

Steepness Of Slope

A measure of the inclination of a surface or a line in relation to the horizontal plane, significant in determining the speed and direction of water flow and erosion.