The Primary Reason for an Organization to Adopt Planning and Strategic

question 82

Multiple Choice

The primary reason for an organization to adopt planning and strategic management is to _____.

• A)develop MBO
• B)encourage new ideas
• C)develop a sustainable competitive advantage
• D)provide direction and momentum
• E)increase organization diversity

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Definitions:

Few Options

A situation or condition where there are limited choices or alternatives available.

Additive Strategies

Approaches in problem-solving or decision-making that involve sequentially adding up the value of different options to choose the best outcome.

Elimination By Aspects

A decision-making process where choices are sequentially eliminated for not meeting certain criteria.

Decision Making

The cognitive process of making a choice from a set of alternatives, encompassing judgement, evaluation, and problem solving.