Asked by Laiah Owens on Sep 26, 2024
Refer to Modern Swimwear Inc. If Tim wants to encourage experimentation and risk-taking among his employees, which of these strategy-making modes should he encourage?
A) Symbolic
B) Command
C) Generative
D) Transactive
E) Rational
Strategy-making Modes
Different approaches through which organizations develop and implement strategies.
Farsightedness
The ability to anticipate and consider future consequences and trends in decision-making or planning, often associated with strategic thinking.
- Identify the strategic importance of farsightedness in organizations and the role of experimentation and risk-taking in strategy development.
Learning Objectives
- Identify the strategic importance of farsightedness in organizations and the role of experimentation and risk-taking in strategy development.
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