In the Course of Crafting a Strategy, Managers Typically Do

question 39

Multiple Choice

In the course of crafting a strategy, managers typically do not

• A)abandon certain strategy elements that have grown stale or become obsolete.
• B)modify the current strategy when market and competitive conditions take an unexpected turn or some aspects of the company's strategy hit a stone wall.
• C)revamp the current strategy in response to the fresh strategic maneuvers of rival firms.
• D)take proactive actions to improve this or that piece of the strategy.
• E)share the strategy publicly to obtain additional customer and shareholder support.

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Definitions:

Overregularization

A language development error where children apply regular grammatical rules too widely, leading to incorrect verbal forms or constructions.

Evolutionary Adaptation

Changes in biological traits of organisms over generations, enhancing their survival and reproduction in specific environments.

Heuristic Fallacies

Erroneous conclusions or judgments formed based on simplified cognitive strategies rather than careful analysis.

Bilingualism

The ability to understand and use two languages proficiently, often involving complex cognitive processing.