If There Is Little Fit Between a Strategic Alternative Under

question 2

Multiple Choice

If there is little fit between a strategic alternative under consideration and the corporate culture,which of the following is one of management's options to consider?

• A) Take a chance on ignoring the culture by implementing the strategic alternative.
• B) Manage around the culture and change the implementation plan.
• C) Try to change the culture to fit the strategy.
• D) Change the strategy to fit the culture.
• E) Restrict the firm to consider only those strategies compatible with the culture.

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Definitions:

Cash Receipts

The collection of money, including coins, notes, electronic payments, and checks, received by a business during a given period.

Cash Payments

Transactions in which the payment for goods or services is made with physical currency or through an equivalent electronic form.

Not-for-Profit Sector

The not-for-profit sector comprises organizations that are aimed at serving the public interest or a specific social cause without seeking to make a profit for their owners or members.

Securities And Exchange Commission

A U.S. government agency that oversees securities transactions, markets, and investment practices to protect investors.