Which of the Following Statements About the Practice of Strategic

question 4

Multiple Choice

Which of the following statements about the practice of strategic management is correct?

• A) Strategy is the exclusive concern of the CEO and top management team and typically no one else is involved in strategic decisions.
• B) Strategic planners may have a formal responsibility for co-ordinating the strategy making process and play a crucial role in analysis and disseminating thinking on strategy within an organisation.
• C) External strategy consultants typically have little access to the CEO but a high level of responsibility for implementing strategic change.
• D) Strategy workshops are most useful when the urgency of change is high.

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Definitions:

Informational Reports

Documents or presentations that provide facts, data, and analysis without offering opinions or recommendations, often used in business and research contexts.

Comprehensive

Including or dealing with all or nearly all elements or aspects of something.

Compliance Reports

Documents that outline whether a company or individual is adhering to regulations and standards.

Government Agencies

Organizations at the federal, state, or local level that administer specific functions and services on behalf of the government.