Which of the Following Are Integral Parts of the Managerial

question 77

Multiple Choice

Which of the following are integral parts of the managerial process of crafting and executing strategy?

• A) Developing a strategic vision,setting objectives,and crafting a strategy
• B) Developing a proven business model,deciding on the company's strategic intent,and crafting a strategy
• C) Setting objectives,crafting a strategy,implementing and executing the chosen strategy,and deciding how much of the company's resources to employ in the pursuit of sustainable competitive advantage
• D) Coming up with a statement of the company's mission and purpose,setting objectives,choosing what business approaches to employ,selecting a business model,and monitoring developments
• E) Deciding on the company's strategic intent,setting financial objectives,crafting a strategy,and choosing what business approaches and operating practices to employ

---

Definitions:

Financial Statements

Official records of the financial activities and position of a business, person, or other entity, presented in a structured manner.

Spot Rate

The current price in the foreign exchange market at which a currency can be bought or sold for immediate delivery.

Forward Rate

The agreed-upon exchange rate for a currency or commodity to be delivered and paid for at a future date.

Loan Payable

A liability account on the balance sheet representing the amount of borrowed funds that a company must repay to creditors.