The Main Value of Analytical Approaches to Strategy Formulation Is

question 2

Multiple Choice

The main value of analytical approaches to strategy formulation is:

• A)To identify the optimal strategy that a firm should adopt
• B)To provide understanding of strategic issues
• C)To substitute for manager's intuition and creativity
• D)To ensure that strategic decision making is assigned to the capable people within the organization

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Definitions:

Tort

An act of civil injustice that leads to loss or injury for the victim, making the perpetrator legally responsible.

Defamatory Statement

A false communication that injures a person's reputation or decreases the respect, regard, or confidence in which a person is held.

Privilege

A special right, advantage, or immunity granted or available only to a particular person or group.

Battery

A criminal offense involving the unlawful physical acting upon a threat, distinct from assault which is the act of creating apprehension of such contact.