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.

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Definitions:

Thylakoid Compartment

A membrane-bound structure within chloroplasts of plant cells and cyanobacteria, involved in the light-dependent reactions of photosynthesis.

Organic Material

Matter composed of organic compounds that has come from the remains of organisms such as plants and animals and their waste products in the environment.

Environment

The surrounding conditions, influences, or forces which affect the survival, development, and evolution of organisms or communities.

Photosystem

A complex of proteins and pigments in plants and algae that absorbs light energy and converts it into chemical energy during photosynthesis.