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VP
Joined: 21 Mar 2006
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Location: Bangalore
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Why firms adhere to or deviate from their strategic plans is [#permalink]
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€
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Director
Joined: 28 Dec 2005
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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.
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Senior Manager
Joined: 24 Sep 2006
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1.D
2.E
_________________
AimHigher
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SVP
Joined: 08 Nov 2006
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VP
Joined: 21 Mar 2006
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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  For the record, even I picked D. Am I being a little too presumptious by saying that the OA is wrong?
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