Which of the Following Is True with Regard to Strategic

question 21

Multiple Choice

Which of the following is true with regard to strategic planning?

• A) At the corporate level, the company starts the strategic planning process by determining what portfolio of businesses and products is best for the company.
• B) A strategic plan deals with a company's short-term goals.
• C) The focus of strategic planning is to define a game plan for long-run survival and growth.
• D) The strategic plan is a statement of an organization's purpose.
• E) Strategic planning involves identifying segments of consumers with identical preferences.

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Definitions:

Supportive Leadership

Supportive leadership is a leadership style where the leader shows concern for employees' well-being, encourages open communication, and supports team members in their roles.

Participative Leadership

A leadership approach where decision-making is shared between leaders and members of the organization.

Transactional Leadership

A leadership style that focuses on the exchanges that occur between leaders and followers, emphasizing rewards and punishments.

Leader-match

A theory or principle suggesting that the effectiveness of a leader is contingent upon how well their leadership style matches the situation or context.