Before a General Manager Embarks on the Strategy-Making Process, They

question 5

Multiple Choice

Before a general manager embarks on the strategy-making process, they need to understand and know the starting position of the organization. This is accomplished via

• A) receiving feedback from all levels of management in the firm
• B) analyzing the environment and identifying opportunities and threats
• C) developing the business plan
• D) creating a meaningful and solid assessment of company performance

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Definitions:

PolyChronic

A cultural attitude towards time, viewing it as flexible and multitasking as preferable, allowing multiple activities to be done simultaneously.

Low-Context Culture

A culture in which communication is expected to be explicit and direct, with less reliance on unspoken context.

Etiquette

A set of conventional rules and customs for polite behavior in social or professional settings.

Collectivist Culture

A social framework in which individuals prioritize the needs and goals of the group over their own personal desires or ambitions.