Top-Down Strategic Planning as an Approach to the Strategic Management

question 48

Multiple Choice

Top-down strategic planning as an approach to the strategic management process will be most effective when the

• A) environment is constantly changing.
• B) size of the firm is large.
• C) probability of black swan events is high.
• D) top management wants to decentralize decision making.

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Definitions:

Obergefell v. Hodges

A landmark Supreme Court case in 2015 that legalized same-sex marriage across all United States, affirming marriage equality.

Full Faith

A phrase often used in legal contexts, especially in the "Full Faith and Credit Clause" of the U.S. Constitution, referring to the obligation of states to recognize the public acts, records, and judicial proceedings of every other state.

Privileges and Immunities

The rights and protections guaranteed by a state to its citizens and, in some cases, to residents, against discrimination from other states.

Privileges and Immunities

Rights and protections granted by law or constitution in a particular jurisdiction, often referring to the safeguards against discrimination towards citizens from other states.