If Performance Data and Activity Reports Indicate Undesirable Performance as a Result

question 69

Multiple Choice

If performance data and activity reports indicate undesirable performance as a result of inappropriate use of the strategic management process,operational managers must

• A) immediately notify the board of directors.
• B) change the strategic management model.
• C) know about it so that they can correct the employee activity.
• D) allow sufficient time to pass to verify if it is the process or just the usage that is the problem.
• E) check the performance data to ensure their accuracy and take two more measurements.

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Definitions:

Property Value

The market worth of a property, including land and any buildings on it, influenced by location, condition, and market trends.

Market System

A market system is an economic system in which decisions regarding investment, production, and distribution are based on supply and demand, and prices are determined in a free price system.

Property Rights

Property rights are the legal rights to use, control, and dispose of property, including land, buildings, or intellectual property.

Central Planning

A system where a nation's government makes all decisions regarding the economy, including resources allocation and production levels.