Asked by Deandra Kirkland on Jul 17, 2024
Verified
Managers with strategic farsightedness view labor as a commodity.
Strategic Farsightedness
The ability to anticipate future trends, challenges, and opportunities and develop long-term plans to guide an organization's direction successfully.
Labor
The physical and mental effort expended by individuals in the production of goods and services.
Commodity
Basic goods used in commerce that are interchangeable with other goods of the same type, typically used as inputs in the production of other goods or services.
- Gain insight into the core principles of strategic foresight and their effects on management decisions.
Verified Answer
Learning Objectives
- Gain insight into the core principles of strategic foresight and their effects on management decisions.
Related questions
Compared to the Rest of the World, American Managers Are ...
A Farsighted Management Style Involves Finding Solutions to Problems
Being a Leader Is a Shortsighted Approach to Competitive Advantage
____ Strategies Are Found in Farsighted Organizations ...
AmazonCom's Founder, Jeff Bezo's Credits ___________ for His Company's Strength ...