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.

---

Definitions:

Simple Squamous Epithelium

A single layer of flat cells lining surfaces involved in diffusion and filtration, such as blood vessels and air sacs of lungs.

Endothelium

The layer of cells that lines the heart, blood vessels, and lymphatic vessels, functioning as a selective barrier.

Simple Columnar

Referring to a type of epithelial tissue made up of a single layer of tall, closely packed cells, involved in secretion and absorption.

Digestive Tract

A series of hollow organs joined in a long, twisting tube from the mouth to the anus, through which food is ingested, digested, absorbed, and waste eliminated.