Question 8 1 pts A strategy is devised at the relevant level of management and is a long-term plan of change and improvement for an organization. O True FalseQuestion 5 1 pts Some significant changes have taken place in the social, political, and cultural environments that affect business. O True O FalseQuestion 1 1 pts Effective strategic management is critical to the success of the firm or organization. True O False Question 2 1 pts Managers must think competitively doing so requires strategic thinking skills such as creative, analytical, critical, and integrative. O True O FalseQuestion 4 1 pts Firms need financial and non-financial information about doing business and competing effectively in domestic or in other countries. O True O FalseD Question 7 1 pts Strategy is a complex concept that involves many different processes and activities within an organization. True O FalseQuestion 6 1 pts Strategic management is the development and implementation of unsustainable competitive position. True FalseQuestion 10 1 pts Strategic Management is essentially about not choosing to realize vision and mission. O True O FalseQuestion 3 1 pts Strategic thinking involves anticipating changes with the products, services, and operating processes designed that will not accommodate expected and unexpected changes in customer demands. True O FalseQuestion 9 1 pts Strategy refers to managing the total business enterprise from the outlook of a top level. True False