The five basic tasks of the strategy-making, strategy-executing process DO NOT include
A)developing a strategic vision of where the company needs to head and what its future business makeup will be.
B)strategic management to convert the strategic vision into specific strategic and financial performance outcomes for the company to achieve.
C)crafting a strategy to achieve the objectives and get the company where it wants to go.
D)developing a profitable business model.
E)executing the chosen strategy efficiently and effectively.

Question

Quizplus · Accepted Answer

Developing a profitable business model is not one of the five basic tasks of the strategy-making, strategy-executing process. The five basic tasks include developing a strategic vision, strategic management, crafting a strategy, executing the chosen strategy efficiently and effectively, and evaluating performance and making corrective adjustments.

The Five Basic Tasks of the Strategy-Making, Strategy-Executing Process DO