Management Is Obligated to Monitor New External Developments,evaluate the Company's

question 34

Multiple Choice

Management is obligated to monitor new external developments,evaluate the company's progress,and make corrective adjustments in order to

• A)determine whether the company has a balanced scorecard for judging its performance.
• B)decide whether to continue or change the company's strategic vision,objectives,strategy and/or strategy execution methods.
• C)determine what changes should be made to its customer value proposition.
• D)determine whether the company's business model is well matched to changing market and competitive circumstances.
• E)stay on track in achieving the company's mission and strategic vision.

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Definitions:

Ultra Vires Defense

A legal defense arguing that a corporation acted beyond the scope of its powers as defined in its charter or laws.

State's Attorney General

The chief legal advisor and law enforcement officer of a state or territory, responsible for representing the public interest and prosecuting legal actions.

Shareholder

An individual or entity that owns one or more shares of stock in a corporation, giving them certain rights and interests in the company.

Strict Liability

A legal doctrine that holds a party responsible for their actions without the need to prove fault or negligence.