Proponents of the Top-Down Approach Contend That ________ Are the Only

question 114

Multiple Choice

Proponents of the top-down approach contend that ________ are the only persons in the firm with the collective experience, acumen, and fiduciary responsibility to make key strategy decisions.

• A) top executives
• B) divisional managers
• C) middle-level managers
• D) lower-level managers
• E) non-management employees

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Definitions:

Emulsion

A stable mixture of two or more immiscible liquids, such as oil and water, often with an emulsifier to maintain stability.

Colloid

A mixture wherein fine particles are dispersed throughout another substance without dissolving, such as in gels or emulsions.

Suspension

Liquid through which a solid is dispersed and from which the solid separates unless the liquid is kept in motion.

Equilibrium

A state of balance between opposing forces or actions.