Which of the Following Is True of Strategic Management

question 37

Multiple Choice

Which of the following is true of strategic management?

• A) It is the application of the basic planning process at the lowest levels of the organization.
• B) Through the strategic management process, lower-levels of management determine the long-run direction and performance of the organization.
• C) Middle- and lower-level managers should be excluded from strategic management.
• D) It is possible to prepare a formal plan with a well-defined strategy and not practice strategic management.
• E) It ensures that the strategic plans that are developed are independent of the changes that occur internally and in the environment.

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Definitions:

Fungicide

Chemical compounds or biological organisms used to kill or inhibit fungi or fungal spores.

Nitrogen Gas

An inert diatomic gas that constitutes about 78% of the Earth's atmosphere, used in a variety of industrial and scientific applications.

Water Supply

The provision or availability of water for various uses, including drinking, irrigation, and industrial needs, through natural or artificial means.

Mineral Supply

The availability of inorganic substances necessary for various life processes and industrial applications, often extracted from the Earth's crust.