For most modern, highly diversified, global corporations, the CEO's role in strategy-making normally does not involve
A. functioning as chief architect of the strategy, personally deciding what the key elements of the company's strategy will be.
B. being held accountable for the results the strategy produces, whether good or bad.
C. knowing enough about the situation in every organizational unit to direct every strategic move made in a company's worldwide organization.
D. acting as captain of the ship, carrying the mantles of chief direction setter, chief objective setter, chief strategy maker, and chief strategy implementer for the total enterprise.
E. involving as many company personnel as possible in the strategy-making process.
Answer: C
You might also like to view...
Cyrus accepts a position as a part-time clerk at a small hardware store. His manager, Max, wants to confirm Cyrus's hours for the next 10 days. This is a fairly routine and predictable situation, so Max
A. videoconferences with Cyrus. B. asks his lawyer to contact Cyrus. C. e-mails a follow-up to Cyrus. D. mails a handwritten note to Cyrus. E. schedules a meeting with Cyrus.
When a note is received from a customer to obtain an extension of time for payment on a past-due account, the journal entry would include
a. debiting Accounts Receivable and crediting Notes Receivable; b. debiting Accounts Payable and crediting Notes Payable; c. debiting Notes Payable and crediting Accounts Payable; d. debiting Notes Receivable and crediting Accounts Receivable; e. none of these
A competitor can lawfully discover a trade secret by performing reverse engineering
Indicate whether the statement is true or false
The Treaty of Rome regulates:
a. concerted anticompetitive conduct. b. mergers. c. abuse of market dominant position. d. Both a and c