Crafting a company's strategy is best described as
A) the exclusive province of top management-owner-entrepreneurs, CEOs, and other very senior executives.
B) delegation of considerable strategy-making authority to down-the-line managers in charge of particular subsidiaries, product lines, geographic sales offices, and plants in companies that are diversified geographically or by product/market.
C) involving the board of directors in the lead role in crafting a company's strategy.
D) being assumed by an elite group of corporate entrepreneurs.
E) always the product of brilliant corporate entrepreneurs.
Correct Answer:
Verified
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Q59: Company objectives
A)are needed only in those areas
Q60: What does a company specifically exhibit when
Q61: A company's overall strategy
A)determines whether its strategic
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A)describing the strategic
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Q65: A company's strategic plan
A)details key objectives and
Q66: Strategic objectives normally would not include?
A)Introducing five
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