Which of the Following Is Not True for Strategic Management

question 9

Multiple Choice

Which of the following is not true for strategic management?

• A)It should be done once each year just before developing the operating plan
• B)It supports consistency of action at every level of the organization
• C)It develops an integrated and coordinated long-term plan of action
• D)It positions the firm to meet the needs of its customers
• E)All of these are true statements

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Definitions:

Triple Check

A method of ensuring accuracy and thoroughness by reviewing or verifying something three times.

Positive Gossip

Sharing favorable or kind information about someone when they are not present, which often enhances the subject's reputation.

Trading Information

The exchange of data, knowledge, or insights between individuals or entities, often to mutual benefit and facilitating decision making or negotiation.

Community of Practice

A group of people who share a common interest or profession and actively engage in learning from each other.