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There are numerous challenges in strategic management, including whether the process is more an art or a science, whether strategies should be transparent to stakeholders, or whether the process should be top down or bottom up. Found article that discusses a 21st century challenge for strategic management. explain the challenge in one or two paragraphs and cite the source. Then answer the following questions:
As a decision maker, what are the potential organizational impacts to a response?
As a decision maker, how would learn enough about the challenge to make an informed decision?
Substantiate your points with credible resources.
Identify three relevant and three non-relevant costs in this decision. Set up a table to present the information and then discuss the information.
Write an Organizational Research Paper
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The original question was: Explain how does the story of Standard Oil illustrate the limits of business power? Does it better illustrate the dominance theory or the pluralist theory?
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