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.