Without a Strategic Framework, Managers Lack the Context in Which

question 53

Multiple Choice

Without a strategic framework, managers lack the context in which to

• A)fix things that really matter to business-unit performance and competitive success.
• B)carry out companywide goals related to the dynamics of a single business model.
• C)employ the company's resources in the pursuit of sustainable competitive advantage.
• D)communicate aspirations for the company.
• E)analyze the emerging market opportunities more precisely.

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Definitions:

Culture

A set of shared beliefs, values, customs, behaviors, and artifacts that the members of a society use to cope with their world and with one another.

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Intellectual Ability

The capacity to think abstractly, reason, understand complex ideas, learn quickly, and solve problems, often assessed through IQ tests.

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