Research and development expenses can serve as a surrogate measure of firm innov

Question

Research and development expenses can serve as a surrogate measure of firm innovation. ? True False QUESTION 17 Strategic control consists of determining the extent to which the organization's strategies are consistent with those of the firm's closest competitors. True False QUESTION 18 Strategic control may be e xerted by the CEO. the customers. All of the above. QUESTION 19 Strategic control may be exerted by the board of directors. the customers. the top management team. A & C only QUESTION 20 Strategic control may be exerted by all of the following except the firm's vice presidents. top managers of close competitors. individuals outside of the top management team. the CEO.

Explanation / Answer

1- R&D expenses can serve as surrogate measure of firm's innovation

TRUE - as R&D expenses are not used to commertialize innovation but to invent

2- TRUE - as Strategic controls helps in analyzing company and its ability to maximize its strengths and opportunities

3- strategic control can be exerted by

A) The CEO

4- strategic control can be exerted by

D) A & C only

5- strategic control can be exerted by all except-

B) top managers of close competitors

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