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True or False
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1
The basic concept behind strategic planning is to help ensure that managers have a sound understanding of the company's strengths and weaknesses among other factors.
A)True
B)False
2
An analysis of the forces controlled by the firm will include a situational analysis and control analysis.
A)True
B)False
3
A multidomestic strategy tends to be used when a company simultaneously confronts pressures for cost effectiveness and local adaptation.
A)True
B)False
4
Due to rapid changes in the uncontrollable variables, many managers have turned to contingency plans, which are multiple, plausible stories for probable futures.
A)True
B)False
5
An advantage of bottom-up planning is that the people responsible for attaining the goals are formulating them.
A)True
B)False





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