Multiple Choice
Which if the following statements most closely describes the nature of strategic decisions?
A) They result in plans that are executed by top management that influence the future survival of the organization
B) They are intended to deal with an uncertain future and have long-term implications
C) They are mainly concerned with organizing and allocating resources across different activities
D) They are intended to take the organization in new directions in order to cope with an uncertain future
Correct Answer:

Verified
Correct Answer:
Verified
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Q21: A useful way to prioritize the list
Q22: The well known work of Alfred Chandler
Q23: Explain what is meant by the 'classical'
Q24: In constructing a SWOT analysis, which of
Q25: The institutional/social context is the broadest aspect
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Q27: Porter (1980) argues that competitive advantage comes
Q28: The opportunities and threats in the SWOT
Q29: A typical, planned process of strategy formulation