If There Is Little Fit Between a Strategic Alternative Under

question 19

Multiple Choice

If there is little fit between a strategic alternative under consideration and the corporate culture, which of the following is one of management's options to consider?

• A) Take a chance on ignoring the culture by implementing the strategic alternative.
• B) Manage around the culture and change the implementation plan.
• C) Try to change the culture to fit the strategy.
• D) Change the strategy to fit the culture.
• E) all of the above

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Definitions:

Corporate Tax Liability

Corporate tax liability is the total amount of tax that a corporation is legally obligated to pay to the government based on its taxable income.

Capital Structure

The mix of a company’s long-term debt, specific short-term debt, common equity, and preferred equity, which determines its financial leverage.

Financial Manager

A professional responsible for managing an organization's financial health by making investment decisions, financing strategies, and managing risks.