Which of the Following Is the Greatest Advantage of Strategic

question 10

Multiple Choice

Which of the following is the greatest advantage of strategic planning with a cross-functional team?

• A)It ensures that strategic planning remains exclusively a top-management responsibility.
• B)It helps the organization arrive at a strategic plan directly from the functional area plans.
• C)It allows the team members to consider a situation from a number of viewpoints.
• D)It improves the cross-cultural relations between employees.

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Definitions:

Net Operating Income

The profit generated from a company's core business operations, distinct from earnings from investments or tax effects.

Operating Loss

A situation where a company's operating expenses exceed its gross profits or revenues.

Year 2

Typically refers to the second year of a business or project, often used in the context of financial or growth performance analysis.

Variable Costing

An accounting technique that involves only variable costs like direct materials, direct labor, and variable manufacturing overhead in the costing of products.