Which of the Following Is a Reason That Strategic Management

question 50

Multiple Choice

Which of the following is a reason that strategic management is important?

• A)Stockholders demand long-term planning of profits from a stable economic market.
• B)Management realised the only way to beat competitors in a static environment is to develop long-term planning.
• C)The 1950s and 1960s left a powerful economic machine that needed strategic control.
• D)Organisations that use strategic management do have higher levels of performance.
• E)The liberal political policies of the early 1970s forced companies to incur tax increases.

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Definitions:

Orbitofrontal Cortex

A brain structure in which impulses involving excretion, sexuality, violence, and other primitive activities normally arise.

Caudate Nuclei

Brain structures within the basal ganglia involved in motor processing, learning, and various aspects of cognition and emotion regulation.

Frontal Lobes

Sections of the brain located behind the forehead, involved in impulse control, judgment, language, and problem-solving.

Thalamus

The thalamus is a part of the brain that acts as a principal relay station for sensory information, sending it to the appropriate areas of the brain for processing.