The following problems have occurred at your company: management seems to be making decisions based on guesses and intuition, there's a lack of clarity concerning direction and goals, and profitable opportunities are being missed.What is your company suffering from?
A)A lack of strategic information; management has not determined its strategic competitive position.
B)Managers have too much information.
C)The company is not familiar with business reengineering and value chain analysis.
D)The company has an inappropriate mission statement.

Question

Quizplus · Accepted Answer

The company is suffering from a lack of strategic information, as management is making decisions based on guesses and intuition. This indicates that they have not determined their strategic competitive position, which is necessary to prioritize goals and identify profitable opportunities.

The Following Problems Have Occurred at Your Company: Management Seems