The Set of Decisions and Actions Used to Formulate and Implement

question 6

Multiple Choice

The set of decisions and actions used to formulate and implement strategies that will provide a competitively superior fit between the organization and its environment so as to achieve organizational goals is known as:

• A) strategy formulation.
• B) strategic planning.
• C) strategic management.
• D) strategy implementation.
• E) strategy evaluation.

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Definitions:

Conditioned Taste Aversions

The learned aversion to a particular taste or food that has been associated with illness or nausea.

Long-Term Spontaneous Recovery

The reappearance of a previously extinguished conditioned response after a period of time without exposure to the conditioned stimulus.

Thorndike

An American psychologist known for his work in the field of learning, particularly the law of effect.

Skinner

Refers to B.F. Skinner, a psychologist and behaviorist who developed the theory of operant conditioning, focusing on the consequences of behavior to shape future actions.