The Managerial Task of Developing a Strategic Vision for a Company

question 105

Multiple Choice

The managerial task of developing a strategic vision for a company:

• A) concerns deciding what approach the company should take to implement and execute its business model.
• B) entails coming up with a fairly specific answer to "who are we,what do we do,and why are we here?".
• C) is chiefly concerned with addressing what a company needs to do to successfully outcompete rivals in the marketplace.
• D) involves deciding upon what strategic course a company should pursue in preparing for the future and why this directional path makes good business sense.
• E) entails coming up with a persuasive storyline of how the company intends to make money.

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