The comprises economic and social conditions, political priorities and technological developments, all of which must be anticipated, monitored, assessed and incorporated into the executive’s decision making.

Related MCQs

• “Identifying and evaluating key social, political, economic, technological and competitive trends and events”. Which of the followings best describes this statement?
• Typically, how many strategic decision levels are in the corporate decision-making hierarchy?
• In , the company would seek new products that have marketing or technological synergies with existing product lines appealing to a new group of customers.
• ------------ strategy occupies the highest level of strategic decision making and covers actions dealing with the objective of the firm, acquisition and allocation of resources and coordination of strategies of various SBUs for optimal performance.
• What are guides to decision making?
• Social responsibility is a critical consideration for a company’s strategic decision makers since
• “To improve economic strength of society and function as a good corporate citizen on a local, state, and national basis in all countries in which we do business”. This is a mission statement that contains:
• An analysis of the economic segment of the external environment would include all of the following EXCEPT:
• Criteria for making an evaluation is (are)
• Political variables have a significant effect on