Multiple Choice
All of the following are reasons to be completely open with the strategy process EXCEPT
A) Managers, employees and other stakeholders can readily contribute to the process.
B) Investors, creditors and other stakeholders have greater basis for supporting a firm that is open.
C) Visibility promotes democracy whereas secrecy promotes autocracy.
D) Participation and openness enhances understanding, commitment and communication within the firm.
E) Openness limits rival firms from imitating or duplicating the firm's strategies.
Correct Answer:

Verified
Correct Answer:
Verified
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