Which of the Following Statements Is True of Strategic Thinkers

question 8

Multiple Choice

Which of the following statements is true of strategic thinkers?

• A) They avoid signs of change that could hurt their organization.
• B) They examine problems or opportunities from many perspectives.
• C) They retain their own and others' assumptions and mental models.
• D) They accept an answer rather than looking for patterns in what they see and hear.

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Definitions:

Required Rate Of Return

The minimum expected yield by investors for providing capital to a company, influenced by risk and market conditions.

Net Operating Income

The profit generated from a company's regular business operations, excluding revenues and expenses from non-operating activities.

Contribution Margin Ratio

The proportion of sales revenue that is not consumed by variable costs and therefore contributes to covering fixed costs.

Fixed Expenses

Costs that remain constant for a period of time regardless of production levels or business activity.