A Group of Managers Who Are Responsible for Designing the Long-Range

question 26

Multiple Choice

A group of managers who are responsible for designing the long-range strategic plan for an organization are collectively known as:

• A) an informal team.
• B) a cross-cultural group.
• C) a top-management team.
• D) a friendship group.
• E) an interest group.

---

Definitions:

Ottoman Empire

A vast empire founded at the end of the 13th century in present-day Turkey that expanded to control much of Southeast Europe, Western Asia, and North Africa for over six centuries.

Diplomatic Revolution

Refers to the significant shift in alliances among major European powers in the mid-18th century, particularly between 1756 and 1757, leading to the realignment of diplomatic relations.

1756

The year 1756 is notably remembered for the start of the Seven Years' War, a global conflict that involved most of the great powers at the time.

Mercantilism

An economic theory and practice, dominant in Europe from the 16th to the 18th century, that promotes governmental regulation of a nation's economy for the purpose of augmenting state power.