"Strategy as a Target" Means That

question 73

Multiple Choice

"Strategy as a target" means that:

• A)The identification and design of the future of a firm's strategy is part of the strategic process
• B)Top managers must check the gap between realized and intended strategies
• C)Strategy focuses on the ultimate organizational goal: profit
• D)None of the above

---

Definitions:

External Benefit

A positive effect or advantage experienced by someone who is not directly involved in producing or consuming a good or service.

Elderly Woman

A female individual of advanced age, often considered to be in the later stages of her lifespan.

Flower Garden

A designed space used specifically for the cultivation and display of flowers and other ornamental plants.

Market Power

The ability of a firm or group of firms to influence the price of goods or services in the market, often by controlling supply, market share, or technology innovations.