Which of the following is not a reason why some firms prefer to conduct strategic- planning in secret?
A) Dissemination of a firm's strategies may translate into competitive intelligence for rival firms.
B) Secrecy limits rival firms from imitating or duplicating the firm's strategies.
C) It enhances understanding,commitment and communication within the firm.
D) Participants in a visible strategy process become more attractive to rival firms,who may lure them away.
E) It limits criticism,second- guessing and hindsight.
Correct Answer:
Verified
Q4: Ineffectiveness and/or inefficiencies indicate the need for
A)some
Q5: When you discover major changes have occurred
Q6: Which of the following is not a
Q7: Which of these is/are a basic activity
Q8: In evaluating strategies,which one of Rumelt's criteria
Q10: Competitive advantage normally is the result of
Q11: What term refers to the need for
Q12: Corrective actions are not needed when
A)external and
Q13: All of these are Richard Rumelt's criteria
Q14: Which type of auditors are specifically responsible
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