Question

Which of the following is NOT a reason why some firms prefer to conduct strategic-planning in secret?

A) Dissemination of a firm's strategies may translate into competitive intelligence for rival firms.

B) It enhances understanding, commitment and communication within the firm.

C) It limits criticism, second-guessing, and hindsight.

D) Participants in a visible strategy process become more attractive to rival firms, who may lure them away.

E) Secrecy limits rival firms from imitating or duplicating the firm's strategies.

Answer

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