Which of the Following Statements Is False

question 97

Multiple Choice

Which of the following statements is false?

• A) Strategic planning is relatively unstructured.
• B) Strategic planning uses much information from outside the firm.
• C) Tactical management focuses on relevant operations units and uses some external information.
• D) Tactical management uses the most detailed and accurate information.

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Definitions:

Rapid Growth

refers to a phase where a company or economy experiences an unusually fast increase in its size, revenue, or market.

Entrepreneurial Leadership

A leadership style that blends innovation, risk-taking, and proactiveness, typically adopted in startups or organizations seeking significant growth.

Liquid Noncash Asset

Assets that can be quickly converted into cash without significantly affecting their value, but are not already in cash form.

Turnaround Plan

A strategy aimed at recovering a company from poor performance and financial difficulties to secure its long-term survival and growth.