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When Companies Adopt the Strategy-Making and Strategy-Execution Process, It Requires

Question 2

Multiple Choice

When companies adopt the strategy-making and strategy-execution process, it requires they start by


A) developing a strategic vision, mission, and values.
B) developing a proven business model, deciding on the company's top management team, and crafting a strategy.
C) strategic management, developing a business model, crafting a 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 communicating it to all employees, strategic management, selecting a business model, and monitoring developments and initiating corrective adjustments to the business model when necessary.
E) deciding on the company's board of directors, setting financial objectives, crafting a strategy, and choosing what business approaches and operating practices to employ.

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