Organisations are categorized as either closed or open systems. In an open strategic process _____________________: a. Does not depend on its environment for sustenance b. Free dissemination of a firm’s strategies c. Participants in a visible strategy process become more attractive to rival firms which may lure them away d. Managers, employees, and other stakeholders can readily contribute to the process. They often have excellent ideas. Secrecy would forgo many excellent ideas.
Organisations are categorized as either closed or open systems. In an open strategic process _____________________: a. Does not depend on its environment for sustenance b. Free dissemination of a firm’s strategies c. Participants in a visible strategy process become more attractive to rival firms which may lure them away d. Managers, employees, and other stakeholders can readily contribute to the process. They often have excellent ideas. Secrecy would forgo many excellent ideas.
Chapter1: Taking Risks And Making Profits Within The Dynamic Business Environment
Section: Chapter Questions
Problem 1CE
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Organisations are categorized as either closed or open systems. In an open strategic process _____________________:
a.
Does not depend on its environment for sustenance
b.
Free dissemination of a firm’s strategies
c.
Participants in a visible strategy process become more attractive to rival firms which may lure them away
d.
Managers, employees, and other stakeholders can readily contribute to the process. They often have excellent ideas. Secrecy would forgo many excellent ideas.
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