Which of the Following Statements Is Least True Regarding the Views

question 23

Multiple Choice

Which of the following statements is least true regarding the views of strategy that Nelson and Winter offer differing from Chandler?

• A)Their views state that strategy and structure evolve from local interactions of the firm with its environment rather than from top managers formulating and implementing a comprehensive reorganization
• B)Their views suggest that the relationship of the firm to the environment,as well as the current patterns of interpersonal relationships generally referred to as the firm's "structure," are both the cumulative result of a long series of adaptations
• C)Their views state that strategy and structure are examples of high level heuristics
• D)Their views suggest that structure is a set of principles or guidelines for coordinating a firm's decisions in a manner inconsistent with its activities in the environment
• E)Their views suggest that strategy is a set of principles or decision guidelines that managers use to foster a firm's survival and profitability

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Definitions:

Strategic Alliance

A partnership where two or more entities collaborate to pursue a set of agreed upon objectives while remaining independent organizations.

Public Offering

The process of selling shares of a private corporation to the public in a new stock issuance, allowing the company to raise capital from public investors.

Public Awareness

The extent to which the general public is informed about an issue, campaign, or brand.

Cash Cow

A business, investment, or product that consistently generates significant amounts of cash flow or profit, often requiring little maintenance.