1. Which of the following terms is used by managers in the workplace today to describe a? business's sustainability?
A. Strategic management
B. Innovation
C. Learning organization
D. Triple bottom line
E. Globalization
2. Which of the following triggering events would occur if a? manager's performance does not meet? expectations?
A. New CEO
B. Performance gap
C. Strategic inflection point
D. Threat of a change in ownership
E. External intervention
3. All of the following are components of strategy formulation EXCEPT? ________.
A. setting policy guidelines
B. defining the competitive advantages of the business strategy
C. monitoring performance results
D. crafting the corporate mission
E. specifying specific objectives