Who is responsible for establishing the strategic direction of an organization?

a) The board of directors
b) Risk owners,
c) Consensus among all levels of management.
d) The independent members of the board.

Ans: a) The board of directors

Business

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Kodak's film business didn't lose out to direct competitor Fujifilm; it lost out to Sony, Canon, and other digital camera makers, along with a host of digital image developers and online image sharing services. This is an example of ________

A) a blue ocean strategy B) competitor backlinking C) self-competition D) competitor myopia E) marketing myopia

Business

Passage of Taft-Hartley demonstrated the public's

a. increasing sympathy toward union activity. b. less enthusiastic sentiments toward unions. c. increasing sophistication in the area of labor relations. d. decreasing sympathy toward management.

Business