The Main Reason for the Transition from Corporate Planning to Strategic

question 25

Multiple Choice

The main reason for the transition from corporate planning to strategic management during the late 1970s and 1980s was:

• A)The increasing costs of corporate planning departments
• B)Disappointing outcomes of corporate diversification
• C)A more turbulent business environment that was increasingly difficult to predict
• D)Growing disillusionment with central planning.

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Definitions:

Interest Earned

The income received from lending funds or depositing money into interest-bearing accounts.

Invested

To have allocated resources, such as money, toward something with the expectation of generating income or profit.

Deposited

The act of placing money or another form of value into an account.

Interest

The cost of borrowing money or the payment received for deposit funds, calculated as a percentage of the principal.