A Strategy May Not Succeed Because

question 26

Multiple Choice

A strategy may not succeed because:

• A) objectives were set too low.
• B) unanticipated economic changes have occurred within the environment.
• C) competitors made a major strategic error than was expected.
• D) faulty measurements were used.
• E) measurements may have overestimated results.

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Definitions:

Organizational Goals

Are the specific objectives or targets that an organization aims to achieve, guiding its strategic planning and operational activities.

Effective Team

A group of individuals working together harmoniously towards a common goal, characterized by clear communication, mutual respect, and a strong cooperation ethic.

Member Needs

The requirements or desires of individuals within an organization that need to be met for them to be motivated and productive.

Social Loafing

The phenomenon where individuals exert less effort to achieve a goal when they work in a group than when they work alone.