Integral parts of the managerial process of crafting and executing strategy include
A) developing a strategic vision, strategic management, and crafting a strategy.
B) developing a proven business model, deciding on the company's strategic intent, and crafting a strategy.
C) strategic management, crafting a strategy, implementing and executing the chosen strategy, and deciding how much of the company's resources to employ in the pursuit of sustainable competitive advantage.
D) coming up with a statement of the company's mission and purpose, strategic management, choosing what business approaches to employ, selecting a business model, and monitoring developments.
E) deciding on the company's strategic intent, setting financial objectives, crafting a strategy, and choosing what business approaches and operating practices to employ.
Correct Answer:
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Q1: An effectively worded strategic vision statement is
Q2: When companies adopt the strategy-making and strategy-execution
Q3: The strategy-making, strategy-executing process is shaped by
A)management's
Q4: The five basic tasks of the strategy-making,
Q5: An integral part of the managerial process
Q7: One of the important benefits of a
Q8: An unlikely, inaccurate feature of an organization's
Q9: Characteristics of an effectively worded strategic vision
Q10: A strategic vision constitutes management's view and
Q11: The managerial task of developing a strategic
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