One of the Challenges That the Emergent Strategy Approach Identifies

question 6

Multiple Choice

One of the challenges that the emergent strategy approach identifies for planned strategy is:

• A)where possible,involve key stakeholders and managers in setting the strategy
• B)convince the board of directors and the organisation that the emergent strategy is good
• C)be flexible when unplanned but valuable opportunities emerge that are inconsistent with the planned direction
• D)allow for expected problems that will undoubtedly emerge as the organisation tries to implement its plan

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Definitions:

Capital Gains Yield

The price appreciation component of a stock's total return, excluding dividends, calculated as the change in price over a period divided by the initial price.

Board Of Directors

A group of individuals elected to represent shareholders and oversee the major decisions and policies of a company.

Common Stock

Equity ownership in a corporation, with voting rights and the potential for dividends, representing a claim on a portion of the company's profits.