When the CEO is very autocratic,the effectiveness of the firm's strategic planning and management processes is likely to:

Question

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When the CEO is autocratic, it means that decisions are made by an individual and not through a collaborative process. This will likely result in a lack of participation by others in the strategic planning process, leading to less effective decision-making and implementation. Employees may also feel less motivated and engaged, leading to a decrease in productivity and effectiveness. Therefore, the effectiveness of the firm's strategic planning and management processes is likely to be diminished.

When the CEO Is Very Autocratic,the Effectiveness of the Firm's