Which of the Following Is True About the General Electric's

question 35

Multiple Choice

Which of the following is true about the General Electric's strategic planning grid?

• A) It supports the industry attractiveness dimension focus on the ability of the company to pursue a product-market plan effectively.
• B) It encourages managers to follow an objective, single-factor approach.
• C) It allows the business strengths dimension focus on whether the product-market plan looks like a good idea.
• D) It helps managers make three-part judgments about the business strengths and industry attractiveness of all proposed or existing product-market plans.
• E) It suggests opportunities that fall into the red boxes are the firm's best growth opportunities.

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Definitions:

Versatility

The ability of a person or system to adapt or be adapted to many different functions or activities.

Interpersonal Relations

The way in which individuals interact, communicate, and build relationships with each other.

Communication Bias

Prejudices or predispositions that affect how we communicate and interpret messages from others.

Effective Leaders

Individuals who possess the ability to inspire and guide others towards achieving shared goals while exhibiting integrity, vision, and communication skills.