Management Is Obligated to Monitor New External Developments, Evaluate the Company's

question 38

Multiple Choice

Management is obligated to monitor new external developments, evaluate the company's progress, and make corrective adjustments in order to

• A)determine whether the company has a balanced scorecard for judging its performance.
• B)stay on track in achieving the company's mission and strategic vision.
• C)keep the company's board of directors well-informed about the company's future outlook.
• D)determine whether the company's business model is well-matched to changing market and competitive circumstances.
• E)decide whether to continue or change the company's strategic vision, objectives, strategy and/or strategy execution methods.

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Definitions:

Viruses

Infectious agents that replicate only inside the living cells of an organism, which can cause a variety of diseases in humans, animals, and plants.

Budding

A form of asexual reproduction in which a new organism develops from an outgrowth or bud due to cell division at one particular site.

Bacilli

Rod-shaped bacteria that can be found in various environments, some of which are pathogenic to humans.

Spirilla

A genus of bacteria characterized by a spiral or corkscrew shape, known for their movement and contribution to various diseases.