Which of the Following Is NOT a Reason Why Some

question 86

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:

Long-Term Capital Gains

Profits from the sale of an asset held for more than a year, typically taxed at a lower rate than regular income.

Poor Performers

Employees or members of an organization who consistently fail to meet the established performance standards.

Good Performers

Employees who consistently achieve or exceed their work objectives and contribute positively to the organizational goals.

Valid Performance Measures

The evaluation metrics that accurately and reliably reflect the true performance of an individual or organization.