The Strategy-Making, Strategy-Executing Process Is Shaped by

question 11

Multiple Choice

The strategy-making, strategy-executing process is shaped by

• A)management's strategic vision, strategic and financial objectives, and strategy.
• B)the decisions made by the compensation and audit committees of the board of directors.
• C)external factors such as the industry's economic and competitive conditions and internal factors such as the company's collection of resources and capabilities.
• D)the challenges of developing a sound business model.
• E)top executives and the board of directors; very few managers below this level are involved in the process.

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Definitions:

Childhood Experience

Events or conditions in one's early years that significantly impact their development, personality, and behaviors.

Long-Term Affair

A prolonged extramarital relationship that can have significant psychological and social impacts.

Alfred Adler

An Austrian psychiatrist known for his theory of individual psychology, which emphasizes the importance of social interest and feelings of inferiority.

Erich Fromm

A psychoanalyst and philosopher known for his theories on human nature, love, and freedom.