The global economy, globalization, rapid technological change, and the increasing importance of knowledge are creating the need to
a. delegate strategic responsibilities to employees "closer to the action."
b. split responsibilities between the CEO and the board of directors as a result of corporate scandals triggered by unethical CEOs.
c. re-centralize the responsibility for strategy to the CEO.
d. expand the strategic responsibilities to all organizational stakeholders.
Answer: delegate strategic responsibilities to employees "closer to the action."