A Company's Overall Strategy

question 33

Multiple Choice

A company's overall strategy

• A)determines whether its strategic intent is proactive or reactive.
• B)is subject to being changed much less frequently than either its objectives or its mission statement and thus serves as the base of its strategy-making pyramid.
• C)should be based on a flexible strategic vision and strategic intent.
• D)is customarily reviewed and approved level-by-level by the company board of directors.
• E)is really a collection of strategic initiatives and actions devised by managers and key employees up and down the whole organizational hierarchy.

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Definitions:

Anal

Relating to the anus, often used in medical or psychological contexts to describe related traits or behaviors.

Cooties

A fictitious childhood disease, often used as a playful way to describe someone or something as being infected or contaminated.

Personality Development

The pattern of growth and change in an individual’s personality traits and behaviors over the course of their life.

Latency

A period of development in psychoanalytic theory characterized by the temporary subsidence of sexual interests and activities before puberty.