In the course of crafting a strategy, which of the following is NOT a common management function?
A) abandoning certain strategy elements that have grown stale or become obsolete
B) modifying the current strategy when market and competitive conditions take an unexpected turn or some aspects of the company's strategy hit a stone wall
C) modifying the current strategy in response to the fresh strategic maneuvers of rival firms
D) taking proactive actions to improve this or that piece of the strategy
E) sharing the strategy with the public to gain additional customer and shareholder support

Question

Quizplus · Accepted Answer

Sharing the strategy with the public is not a common management function in the course of crafting a strategy. While it may be beneficial for gaining additional customer and shareholder support, it is not a typical step in the strategy development process. The other options listed (abandoning certain strategy elements, modifying the current strategy in response to market and competitive conditions or rival firms, and taking proactive actions to improve the strategy) are all common management functions during the strategy crafting process.

In the Course of Crafting a Strategy, Which of the Following