The Emphasis of Strategic Management Is on

question 76

Multiple Choice

The emphasis of strategic management is on

• A) monitoring and evaluating external opportunities and threats in light of a corporation's strengths and weaknesses.
• B) first line managers.
• C) the short-run performance of the corporation.
• D) an examination of the organization's internal environment.
• E) an investigation of competitor actions.

Comprehend the role of technology in facilitating easier access to information.

Distinguish the ethical considerations in using information from the internet.

Understand percentage calculations and apply them to determine parts of a whole in various contexts.

Analyze real-world scenarios to calculate total sales, revenue, or expenditure based on given percentages.

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Definitions:

Top Executives

High-ranking officials within an organization responsible for developing policies, strategies, and making critical decisions.

Middle Managers

Individuals in an organization who manage at a level between the executive leaders and the operational staff, often overseeing specific departments or functions.

Competitive Strategy

A method developed by a company to gain a competitive edge and achieve superior profitability in its industry.

Performance Determinants

Various factors that contribute to the level of performance or productivity of an individual or organization.