The Strategic-Management Process

question 46

Multiple Choice

The strategic-management process

• A) occurs once a year.
• B) is a semiannual process.
• C) is a continuous process.
• D) applies mostly to companies with sales greater than $100 million.
• E) applies mostly to small businesses.

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Definitions:

Strict Performance

A legal concept that requires parties to completely fulfill the obligations of a contract without deviation.

Unconditional Duty

An obligation that must be fulfilled without any conditions or stipulations.

World Famous

describes a person, place, or thing that is widely recognized and honored across the globe.

Breach of her Contract

The failure or refusal to fulfill the terms agreed upon in a contract by a female party involved.