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What is strategic misrepresentation?
Strategic misrepresentation is the planned, systematic distortion or misstatement of fact-lying-in response to incentives in the budget process.
In negotiating a business deal is strategic misrepresentation permissible?
In a legal or ethical sense, any form of willful misrepresentation is considered a breach of ethics and possibly a breach of good will. The good will breach is the toughy here, as the deceived party can sue to break the contract, for damages, or both. In extreme cases, willfull misrepresentation may be interpreted as criminal fraud. Testifying in this manner would also be perjury. That said, it would be naive to pretend this doesn't happen in the real world, from time to time. Generally speaking though (and even applying Game Theory), willful misrepresentation is a poor tactic that has a nasty tendency to backfire.
How do you minimize strategic misrepresentation?
To minimize strategic misrepresentation, organizations can foster a culture of transparency and open communication, encouraging honest exchange of information among stakeholders. Implementing rigorous data verification processes and creating accountability mechanisms can also deter misrepresentation. Additionally, aligning incentives with truthful reporting and providing training on ethical decision-making can help ensure that individuals prioritize accuracy over personal gain.
What has the author Kerry M Kartchner written?
Kerry M. Kartchner has written: 'Negotiating Start' -- subject(s): Nuclear arms control, Strategic Arms Reduction Talks, Strategic forces
When is it a good time to be strategic?
It's a good time to be strategic all of the time. If you are strategic, you can accomplish your goals easier and more efficiently in everything that you want to accomplish.
Why are most strategic alliances temporary?
Everything is temporary. Strategic alliances last longer than non-strategic ones but end when one of the parties finds the alliance no longer fits its strategies.
Why the strategic management class is often called a capstone course?
Strategic management classes are the culmination of your learning. By the time you take this class you will understand everything that is discussed.
What are the management issues in Strategic management?
It is controlled in the symbolic places. they get reperesented differentley to everything else though.
What are the steps in the strategic sourcing process?
"Strategic Sourcing is a process that is important to any company. There are seven steps to this process, and the steps are as following: qualifying sourcing groups, selecting strategy and tactics, scanning and selecting suppliers, defining and planning techniques, tendering and negotiating, switching to a new supplier, and finally monitoring supplier performance."
What is stop light strategic model strategic analysis?
You would have everything stop in order to analyze it. You could do this by cutting off at a certain date and evaluating based off the time period before that.
Was the attack on Pearl harbor political or strategic?
It was a strategic military attack that failed to achieve the desired goal of knocking the US Pacific Fleet for at least two years. The absence of the Fleet Carriers meant that Japan still had a potent force roaming the Pacific. The hope gaining its objectives in Malayasia, the Phillipernes and Southeast Asia and then negotiating a peace settlement with the US had failed.
Impact of globalization on strategic management plan?
Today. everything has changed, globalization. the internationalization of markets and corporations. has changed the way modern corporations do business.
