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36. Strategic Management is the set of decisions and actions in formulation and implementation of strategies designed to achieve the objectives of
An organisation
A planning
customer
A management
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37. Which is the strategic advantage of functional organisational structure?
Encourage collaborative work
Very well suited for structuring a single business
Permits centralised control of strategic results
All of the above
38. What is the duty of Loyalty of Board of Directors?
Corporate Opportunity
Fairness
Avoiding Conflicts of Interest
39. Match the following
CODES :
(I)
(II)
(III)
(IV)
40. Which statement is true?
Divestment strategy may be an unavoidable decision, not necessarily a sign of failure
Melvin J. Standford says that divestment strategies are employed by conglomerates to weed out problem companies
Liquidation strategy involves selling off or closing business entirely
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