An External Block Preventing a Corporation from Moving from One

question 101

Multiple Choice

An external block preventing a corporation from moving from one stage to another is

• A) unfavorable economic conditions.
• B) strategic myopia.
• C) organizational inflexibility.
• D) lack of operating efficiency.
• E) lack of managerial resources.

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Definitions:

McCormick

A global leader in flavor, offering a wide range of spices, seasoning mixes, condiments, and other flavorful products.

Singer

An individual who performs vocally, producing musical sounds with their voice, which can range from professional performers to casual enthusiasts.

Franchises

A type of business model that allows individuals or entities to operate their own branches of an established company with its branding, knowledge, and processes.

Product-distribution Franchising

A specific type of franchising agreement where the franchisee sells the franchisor's products directly to the retail customer.