The decision-making discretion of top-level managers is determined partly by external environmental sources such as the industry structure, the rate of market growth in the firm's primary industry, and the degree to which products can be differentiated.

Question

Quizplus · Accepted Answer

External environmental factors like industry structure, market growth rate, and product differentiation influence the strategic choices and constraints faced by top-level managers.

The Decision-Making Discretion of Top-Level Managers Is Determined Partly by External