1. Which of the following choices is defined as an organization skilled at? creating, acquiring, and transferring knowledge at modifying its behavior to reflect new knowledge and? insights?
A. Strategic flexibility
B. Population ecology
C. Institutional theory
D. Sustainability
E. Learning organization
2. Which of the following is a true statement about strategic? management?
A. Managers that implement strategic management have less focus on what is strategically important to the organizations today.
B. Strategic management is not always a formal process.
C. Strategic management is never used to emphasize? long-term performance.
D. Managers that implement strategic management are unable to understand strategies in rapidly changing environments.
E. Managers use modern technology instead of strategic management to gain a clearer sense of strategic vision for the firm.