When the Management Frame of Reference Gets Out of Touch

question 111

Multiple Choice

When the management frame of reference gets out of touch with the realities of the actual business situation, what can happen to the firm?

• A)The company business strategy no longer works.
• B)Management gets across-the-board raises.
• C)Management perceptual acuity improves.
• D)It becomes easier to maintain competitive advantage.

---

Definitions:

Wildlife Species

Refers to animals that inhabit and thrive in wild areas without human intervention, contributing to biodiversity and ecological balance.

Extirpated Species

Species that have been removed or are extinct from a specific area, but still exist elsewhere in the wild or in captivity.

Jeopardy

A popular American television game show where contestants answer questions in the form of a question across various categories to win money.