_________________ Is Strategy as Conceived of by the Top Management

question 88

Short Answer

_________________ is strategy as conceived of by the top management team and is the result of a process of negotiation, bargaining, and compromise.

---

Definitions:

Business Activities

Operations and actions undertaken by a company to generate revenue, such as sales, service provision, and production.

Acquisition

The process of obtaining control of another corporation or asset.

Disposal

The act of getting rid of an asset through sale, exchange, retirement, or destruction.

Accounting Equation

The fundamental principle of double-entry bookkeeping: Assets = Liabilities + Equity, depicting the relationship between a company's resources and claims on those resources.