For Strategic Management to Be Effective in Achieving Organizational Goals

question 99

Multiple Choice

For strategic management to be effective in achieving organizational goals,

• A) people throughout the organization must work in isolation.
• B) top managers only take an integrative, strategic perspective.
• C) leaders alone are responsible for the organizational outcome.
• D) people throughout the organization must strive toward overall goals.

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Definitions:

Industrial Advanced Countries (IACs)

Countries characterized by high levels of industrialization, technological advancement, and economic development.

Skilled Workers

Employees who have specialized training, expertise, or qualifications that allow them to perform complex job tasks.

Agricultural Workers

Individuals engaged in various activities related to farming, including cultivation, harvesting, and livestock rearing.

Economic Development

The process by which a nation improves the economic, political, and social well-being of its people, often measured by increases in GDP, literacy rates, and access to healthcare.