Strategic Flexibility Is Achieved When Managers

question 19

Multiple Choice

Strategic flexibility is achieved when managers

• A) choose to keep their vision statements more product-oriented rather than customer-oriented.
• B) respond to reality changes by activating alternate dominant plans or modifying the old plan.
• C) implement static top-down strategic planning approach to the development of strategy.
• D) overlook pessimistic future scenarios and only prepare for optimistic futures.

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Definitions:

Positive Reinforcement

Increasing the probability that behavior will be repeated by rewarding people for making the desired response; improves learning and motivation.

Contingent

Dependent on certain conditions or situations; not absolute.

Employee Recognition Programs

Formal schemes implemented by organizations to reward and acknowledge the achievements and contributions of their employees.

Employee Engagement

The emotional commitment an employee has to their organization and its goals, often resulting in higher productivity.