The essence of formulating strategy is choosing how the organization will be different.
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Q8: Core competence is the plan of action
Q9: Threats are characteristics of the internal environment
Q10: Executives acquire information about external opportunities and
Q11: Research has shown that strategic thinking and
Q12: In for-profit firms, strategic planning pertains to
Q14: Strategic thinking is more important in for-profit
Q15: Strategy implementation includes the planning and decision
Q16: The strategic management process begins when executives
Q17: The interaction of the Production and Sales
Q18: Corporate-level strategy pertains to the organization as
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