All of the following describe strategies EXCEPT:
A) they are purposeful.
B) they cannibalize the old strategy.
C) they precede the taking of actions to which they apply.
D) they demonstrate a shared understanding of the firm's vision and mission.

Question

Quizplus · Accepted Answer

Strategies do not cannibalize the old strategy, but rather build upon or replace it. The other choices describe important aspects of strategies.

All of the Following Describe Strategies EXCEPT