Which One of the Following Is Not One of the Five

question 61

Multiple Choice

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

• A) Forming a strategic vision of where the company needs to head and what its future business make-up 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) Implementing and executing the chosen strategy efficiently and effectively

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Definitions:

Contracts

Legally enforceable agreements between two or more parties that create mutual obligations.

Minor

A person under the legal age of majority, typically under 18 years old, who has certain restrictions on their legal capabilities such as entering into contracts.

Contract

A binding legal agreement between two or more parties that is enforceable by law, specifying obligations each must fulfill.

Adult

An individual who has reached the age of maturity as defined by law, typically 18 years old in many countries, which qualifies them for full legal rights and responsibilities.