Which of the Following Is NOT True for Strategic Management

question 12

Multiple Choice

Which of the following is NOT true for strategic management?

• A) It should be done once every few years 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) It involves responding to changes in the external market and allocating scarce resources to improve a competitive position.

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Definitions:

Operant Conditioning

A system of learning in which the expression of behavior is controlled through the use of incentives or penalizations.

Phobias

Extreme or irrational fears or aversions to specific objects, situations, or activities that cause significant distress or impairment.

Negative Reinforcement

A behavioral concept where the removal of an undesirable or unpleasant stimulus following a behavior increases the likelihood of that behavior being repeated in the future.

Punishers

Stimuli that decrease the likelihood of a behavior being repeated, used in the context of behavioral psychology.