Which of the Following Best Describes Lack of Strategy and Strategic

question 72

Multiple Choice

Which of the following best describes lack of strategy and strategic leadership?

• A) not taking the time to craft a vision and mission, nor to formulate and properly implement a plan
• B) not having enough funding to maintain operations while still building the business and gaining access to customers and markets
• C) not having sufficient know-how to run a business in the chosen market or geographical area
• D) falling prey to the temptations of fraud, deception, and embezzlement
• E) not having expertise in the essentials of business operations, including finance, purchasing, selling, and production

Comprehend the impact of mergers and acquisitions on shareholder value and organizational growth.

Analyze the importance of due diligence and post-merger integration strategies.

Understand key legal and political events of the early 21st century.

Comprehend the impact of certain laws and court decisions on American society.

---

Definitions:

Linear Programming

An optimization method for achieving the best outcome in a mathematical model whose requirements are represented by linear relationships.

Holding Costs

Expenses associated with storing inventory over a certain period, including warehousing, insurance, depreciation, and opportunity costs, among others.

Level Scheduling

is a production strategy aimed at producing goods at a consistent rate, balancing production output with customer demand to minimize inventory costs and optimize operational efficiency.

Aggregate Planning Horizon

The timeframe over which a company plans its overall production levels and inventory positions to meet forecasted demand, typically ranging from 3 to 18 months.