Effective strategic management involves   

A. only top management.
B. only top and middle management.
C. only middle and lower management levels.
D. only lower management level.
E. managers from all parts of the organization.


E. managers from all parts of the organization.

Strategic management is a process that involves managers from all parts of the organization in the formulation and the implementation of strategies and strategic goals. Precisely because middle and first-line managers are the ones who will be asked to understand and implement the strategies, they should also help to formulate them.

Business

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A marketing research problem asks what information is needed and how it should be obtained

Indicate whether the statement is true or false

Business

The typical response is referred to as the central tendency

Indicate whether the statement is true or false

Business

Which of the following statements is CORRECT?

A. If the cost of capital declines, this lowers a project's NPV. B. The NPV method is regarded by most academics as being the best indicator of a project's profitability; hence, most academics recommend that firms use only this one method. C. A project's NPV depends on the total amount of cash flows the project produces, but because the cash flows are discounted at the cost of capital, it does not matter if the cash flows occur early or late in the project's life. D. The NPV and IRR methods may give different recommendations regarding which of two mutually exclusive projects should be accepted, but they always give the same recommendation regarding the acceptability of a normal, independent project. E. The NPV method was once the favorite of academics and business executives, but today most authorities regard the MIRR as being the best indicator of a project's profitability.

Business

The Supreme Court's approach during the period from the 1950s through the 1970s in deciding cases on constitutional grounds is described as

A. judicial restraint. B. judicial activism. C. judicial review. D. the dormant aspect of its judicial power.

Business