Which One of the Following Is NOT One of the Five

question 49

Multiple Choice

Which one of the following is NOT one of the five basic tasks of the strategy-making,strategy-executing process?

• A) Developing a strategic vision of where the company needs to head and what its future business makeup will be
• B) Setting objectives to convert the strategic vision into specific strategic and financial performance outcomes for the company to achieve
• C) Crafting a strategy to achieve the objectives and get the company where it wants to go
• D) Developing a profitable business model
• E) Executing the chosen strategy efficiently and effectively

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Definitions:

Substitution Effect

The change in consumption patterns due to a change in the relative prices of goods, leading consumers to substitute more expensive items with cheaper alternatives.

Price Change

A modification in the cost of goods and services over time, reflecting economic factors such as inflation, supply, and demand.

Pepsi

A carbonated soft drink manufactured by PepsiCo, known for being one of the most popular cola beverages globally alongside Coca-Cola.

Coke

A fuel with a high carbon content and few impurities, made by heating coal in the absence of air, used mainly in steel manufacturing.