Which of the Following Lessard/Lorange Translation Approaches Forces Management to Predict

question 28

Multiple Choice

Which of the following Lessard/Lorange translation approaches forces management to predict the future?

• A) A-1
• B) A-3
• C) P-3
• D) E-3

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Definitions:

Revenue

The total amount of money received by a company from its sales of goods or services, before any expenses are subtracted.

Corporate-level HR

Human resources management at the strategic level, focusing on policies and decisions that affect the entire organization rather than individual departments or units.

M-form Organizations

Organizations structured in a way that operations are divided into multiple, semi-autonomous units or divisions, each with its own set of functions.

Sustained Competitive Advantage

The ability of a company to maintain its competitive advantage over its competitors over a long period, thereby securing its market position and profitability.