In Practice, Strategy Making Is

question 22

Multiple Choice

In practice, strategy making is

• A)a combination of centrally-driven rational design and decentralized adaptation.
• B)a combination of luck, organizational politics, and centrally-driven planning.
• C)the expression of political games among top managers.
• D)none of the above.

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Definitions:

Financial

Pertaining to money or how money is managed, including activities related to banking, investment, credit, and budgeting.

American Dream

The idea that people can achieve personal success, no matter their origin or socioeconomic status, in a society that enables upward mobility for all its members.

Poverty

A state of economic deprivation or lack of access to sufficient resources and services, such as food, housing, education, and healthcare.

Meritocracy

A system where individuals achieve success or are given opportunities based on their abilities and merits rather than on their social status or background.