What are some of the reasons why strategy evaluation is becoming increasingly difficult with the passage of time?
What will be an ideal response?
Possible answers include: Domestic and world economies were more stable in years past; product life cycles were longer; product development cycles were longer; technological advancement was slower; change occurred less frequently; there were fewer competitors; foreign companies were generally weak; and there were more regulated industries. Other reasons include the following trends: a dramatic increase in the environment's complexity; the increasing difficulty of predicting the future with accuracy; the increasing number of variables; the rapid rate of obsolescence of even the best plans; the increase in the number of both domestic and world events affecting organizations; and the decreasing time span for which planning can be done with any degree of certainty.
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Directors are also compensated through ____________ benefits, such as business contacts and prestige, and other rewards such as stock options.
Fill in the blank(s) with the appropriate word(s).
Nonverbal communication includes our tone of voice and body motions such as hand and arm gestures, facial expressions, eye movements, and posture
Indicate whether the statement is true or false