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Ivan Is the Founder of a Firm Producing Self-Driving Vehicles

Question 56

Multiple Choice
Ivan is the founder of a firm producing self-driving vehicles. Because the industry is so new and chaotic, Ivan favors a top-down strategic planning approach in which he exerts strong control over all aspects of the business, from product development and design to manufacturing and marketing. What is wrong with this scenario?

Ivan is the founder of a firm producing self-driving vehicles. Because the industry is so new and chaotic, Ivan favors a top-down strategic planning approach in which he exerts strong control over all aspects of the business, from product development and design to manufacturing and marketing. What is wrong with this scenario?


A) The self-driving vehicle industry is changing too much for the top-down approach to be effective.
B) The top-down approach can only be applied to specific business functions.
C) The top-down approach leaves other employees uncertain about their roles in the company.
D) The top-down approach is expensive to maintain, leaving the company at a competitive disadvantage.

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