The Strategic Management Process Is

question 121

Multiple Choice

The strategic management process is

• A)a set of activities that will assure a sustainable competitive advantage and above-average returns for the firm.
• B)a decision-making activity concerned with a firm's internal resources, capabilities, and competencies, independent of the conditions in its external environment.
• C)a process directed by top-management with input from other stakeholders that seeks to achieve above- average returns for investors through effective use of the organization's resources.
• D)the full set of commitments, decisions, and actions required for the firm to achieve above-average returns and strategic competitiveness.

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Definitions:

Sophisticated Bus System

denotes an advanced public transportation network that utilizes modern technology and planning to enhance efficiency and service.

Curitiba

A city in Brazil known for its innovative urban planning and public transportation systems.

Growth Plan

A strategic plan designed to foster expansion, development, or growth within an organization, community, or personal context.

Greater Golden Horseshoe

A densely populated and industrialized region in Ontario, Canada, encompassing the Greater Toronto Area and surrounding municipalities.