Which of the Following Do Managers NOT Typically Use to Formulate

question 153

Multiple Choice

Which of the following do managers NOT typically use to formulate strategies?

• A)finding ways to exploit the organization's strengths
• B)finding ways to protect the organization from external threats
• C)finding ways to rule out existing organizational opportunities
• D)finding ways to correct organizational weaknesses

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Definitions:

Illusory Correlations

The phenomenon when people falsely perceive an association between two events or situations, primarily due to cognitive biases or statistical artifacts.

Independent Variables

Variables in an experiment that are manipulated by the researcher to test their effect on dependent variables.

Correlation Coefficient

A statistical measure that indicates the extent to which two variables fluctuate together.

Correlation Coefficient

A statistical index measuring the strength and direction of a linear relationship between two variables.