Focusing on the ________ component of the five elements of strategy is an effective way to set milestones and time lines to manage the scale and pace of a new venture's growth.

Question

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The staging component of the five elements of strategy involves setting milestones and time lines for the growth of a new venture. This helps to manage the scale and pace of growth. The differentiators component focuses on identifying unique features that set the venture apart from competitors, arenas focus on the markets or industries in which the venture operates, and economic logic involves creating a sustainable business model.

Focusing on the ________ Component of the Five Elements of Strategy