The Consequences of Excessive Pessimism Can Be as Harmful as the Consequences

question 71

True/False

The consequences of excessive pessimism can be as harmful as the consequences of excessive optimism.

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Definitions:

Strategic Planning

The process of defining an organization's strategy or direction and making decisions on allocating resources to pursue this strategy.

Top Executives

Individuals who hold the highest-level management positions within an organization, responsible for determining strategy and policy.

Organizational Performance

A measure of how efficiently and effectively a company or organization achieves its objectives.

Top Management Group

The highest-ranking executives who are responsible for directing and overseeing an organization's overall strategy and operations.