Find all School-related info fast with the new School-Specific MBA Forum

It is currently 19 Jun 2013, 09:38
Customize  |  Hide

Why firms adhere to or deviate from their strategic plans is

  Question banks Downloads My Bookmarks Reviews  
Author Message
TAGS:
VP
VP
User avatar
Joined: 21 Mar 2006
Posts: 1138
Location: Bangalore
Followers: 2

Kudos [?]: 14 [0], given: 0

GMAT Tests User
Why firms adhere to or deviate from their strategic plans is [#permalink] New post 25 Dec 2006, 04:22
Why firms adhere to or deviate from their strategic plans is poorly understood. However, theory and limited research suggest that the process through which such plans emerge may play a part. In particular, top management decision-sharing— consensus-oriented, team-based decision-making—may increase the likelihood that firms will adhere to their plans, because those involved in the decision-making may be more com- mitted to the chosen course of action, thereby increasing the likelihood that organizations will subsequently adhere to their plans.

However, the relationship between top management decision-sharing and adherence to plans may be affected by a firm’s strategic mission (its fun- damental approach to increasing sales revenue and market share, and generating cash flow and short-term profits). At one end of the strategic mission continuum, “buildâ€
Director
Director
Joined: 28 Dec 2005
Posts: 923
Followers: 1

Kudos [?]: 34 [0], given: 0

GMAT Tests User
 [#permalink] New post 25 Dec 2006, 05:23
I will go with 1) B and 2) E. For 2, B came close, but taking the passage on the whole, it seems to be E more than B.

EDIT: Agree with the others 1 has to be D. I re-read this and it looks like I did not even read all the answer choices earlier this morning.

Last edited by mbagal1 on 25 Dec 2006, 12:54, edited 1 time in total.
Senior Manager
Senior Manager
Joined: 24 Sep 2006
Posts: 281
Followers: 1

Kudos [?]: 3 [0], given: 0

GMAT Tests User
 [#permalink] New post 25 Dec 2006, 12:12
1.D
2.E
_________________

AimHigher

SVP
SVP
User avatar
Joined: 08 Nov 2006
Posts: 1560
Location: Ann Arbor
Schools: Ross '10
Followers: 12

Kudos [?]: 155 [0], given: 1

GMAT Tests User
 [#permalink] New post 25 Dec 2006, 12:15
I will go with D for the 1st question.
_________________

My Profile/GMAT/MBA Story
http://www.gmatclub.com/forum/111-t59345

Find out what's new at GMAT Club - latest features and updates

VP
VP
User avatar
Joined: 21 Mar 2006
Posts: 1138
Location: Bangalore
Followers: 2

Kudos [?]: 14 [0], given: 0

GMAT Tests User
 [#permalink] New post 25 Dec 2006, 22:56
Ok...ALL of you are right on the second one. OA = E.
However, ALL of you are wrong on the first one. The OA is E :shock: For the record, even I picked D. Am I being a little too presumptious by saying that the OA is wrong?
  [#permalink] 25 Dec 2006, 22:56
    Similar topics Author Replies Last post
Similar
Topics:
New posts Why firms adhere to or deviate from their strategic plans is chunjuwu 8 03 Feb 2005, 05:44
New posts Why firms adhere to or deviate from their strategic freetheking 6 10 Jul 2006, 21:35
New posts Why firms adhere to or deviate from their strategic plans is atomy 1 03 Jun 2009, 00:34
New posts 1 Strategic Planning, anyone? mikekennyb 3 18 Sep 2010, 12:19
New posts Why firms adhere to or deviate from their strategic plans is roopika2990 2 06 Feb 2013, 05:36
Display posts from previous: Sort by

Why firms adhere to or deviate from their strategic plans is

  Question banks Downloads My Bookmarks Reviews  


GMAT Club MBA Forum Home| About| Privacy Policy| Terms and Conditions| GMAT Club Rules| Contact| Sitemap

Powered by phpBB © phpBB Group and phpBB SEO

Kindly note that the GMAT® test is a registered trademark of the Graduate Management Admission Council®, and this site has neither been reviewed nor endorsed by GMAC®.