Crafting a strategy involves
A) blending deliberate,planned initiatives with emergent,unplanned reactive responses to changing circumstances,while abandoning planned strategy elements that have failed in the marketplace.
B) developing a five-year strategic plan and then fine-tuning it during the remainder of the plan period.
C) trying to imitate as much of the market leader's strategy as possible so as not to end up at a competitive disadvantage.
D) doing everything possible (in the way of price,quality,service,warranties,advertising,and so on) to make sure the company's product and/or service is very clearly differentiated from the product and or service offerings of rivals.
E) All of these accurately characterize the managerial process of crafting a company's strategy.

Question

Quizplus · Accepted Answer

A company's realized strategy is a combination of both deliberate planned elements and unplanned emergent elements.Some components of a company's deliberate strategy will fail in the marketplace and become abandoned strategy elements.

Crafting a Strategy Involves