Boards of directors use outsiders to critique their strategy. This is necessary to improve mostly
A)financial returns.
B)organizational hierarchy.
C)perceptual acuity.
D)employee relations.

Question

Quizplus · Accepted Answer

To improve perpetual acuity, two companies ask outsiders to critique strategy during their board strategy sessions. Such input typically leads to spirited discussions that provide valued input on the hinge assumptions and options that are under consideration. Once, the focus was on pinpointing the risk inherent in a certain strategy. Now, discussions have led to finding that the company was missing a valuable opportunity.

Boards of Directors Use Outsiders to Critique Their Strategy