Which of the Following Is an Integral Part of the Managerial

question 31

Multiple Choice

Which of the following is an integral part of the managerial process of crafting and executing strategy?

• A) developing a proven business model
• B) setting objectives and using them as yardsticks for measuring the company's performance and progress
• C) deciding how much of the company's resources to employ in the pursuit of sustainable competitive advantage
• D) communicating the company's mission and purpose to all employees
• E) deciding on the composition of the company's board of directors

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Definitions:

Demographic Profiling

The process of gathering and analyzing data about the characteristics of a population or specific group for targeted marketing or analysis.

Tax Saving Plan

A financial strategy or investment designed to reduce the amount of taxes payable by an individual or organization.

Psychographic Profiling

A marketing technique that categorizes audiences based on their personality traits, interests, values, and lifestyles to better target advertising and communications.

Values And Beliefs

Principles or standards of behavior that are considered important by individuals or groups, and convictions held to be true.