Each of the Nine Techniques Included in the Strategy Formulation

question 105

Multiple Choice

Each of the nine techniques included in the strategy formulation framework rely on the use of

• A) strictly factual data.
• B) luck.
• C) financial formulas and statistics.
• D) intuition and analysis.
• E) synergy.

---

Definitions:

Instrumental Values

Core values that dictate how we behave in order to achieve our goals, such as honesty and ambition.

Tangible Values

The measurable and physical worth of an asset, product, or property, which can be quantitatively assessed or directly experienced.

Intangible Values

Non-material benefits or qualities that are valued but not physically touchable, such as reputation, brand value, or human capital.

Corporate Culture

The beliefs, behaviors, values, and symbols that are accepted generally by members within an organization.