In Regard to Strategy Making, Most Firms Are Likely to Exhibit

question 25

Multiple Choice

In regard to strategy making, most firms are likely to exhibit

• A)a combination of design and emergence.
• B)a process labeled as "planned emergence".
• C)an interaction between strategic design, through formal top-level processes, and strategic enactment through decisions made by all management levels of the organization.
• D)all of the above.

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Definitions:

Activity Base

A measure used to allocate costs to activities, such as units produced, hours worked, or miles driven.

Service Departments

Units within an organization that support other departments but do not directly contribute to profit, such as human resources and maintenance.

Investment Turnover

A measure of a company's ability to use its assets to generate sales or revenue, indicating how efficiently the investments are being used.

Activity Base

A measure used as a basis for allocating costs in activity-based costing, relating costs to the activities that drive the need for those costs.