In the New Strategic Planning Process

question 122

Multiple Choice

In the new strategic planning process

• A) top management is assigning strategic planning to teams of line and staff managers from the same business.
• B) interaction with important customers and suppliers should be included.
• C) governments and other stakeholder activities should be direct participants.
• D) strategic planning avoids collective mind-sets about the competitive environment.
• E) strategic planning is done by the implementers within the local subsidiaries.

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Definitions:

Maximizing

The strategy of seeking the best possible outcome or the highest utility in decision-making.

Additive

In the context of group dynamics, additive refers to a process where the group's overall performance is the sum of the individual members' contributions.

Anonymity

The state of being anonymous, where an individual's identity is not known or is deliberately concealed, often to foster free expression or protect privacy.

Group Size

Refers to the number of individuals constituting a group, which can influence the group's dynamics, interactions, and effectiveness.