Strategy-Making Is

question 9

Multiple Choice

Strategy-making is

• A)primarily the responsibility of key executives rather than a task for a company's entire management team.
• B)more of a collaborative group effort that involves all managers and sometimes key employees, as opposed to being the function and responsibility of a few high-level executives.
• C)first and foremost the function and responsibility of a company's strategic planning staff.
• D)first and foremost the function and responsibility of a company's board of directors.
• E)first and foremost the function of a company's chief executive officer, who formulates strategic initiatives and submits them to the board of directors for approval.

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Definitions:

Geographic Location

The specific physical position of a person or thing, often described by coordinates of longitude and latitude, or a regional description.

Common Categories

Standard classifications or divisions into which objects, ideas, or information are grouped based on shared characteristics.

Diversity

Refers to the variety of differences among people in an organization, encompassing race, gender, ethnicity, age, sexuality, language, and cultural background.

Secondary Category

A classification level that exists beneath the primary category, further dividing and specifying subjects or items.