When Companies Adopt the Strategy-Making and Strategy Execution Process It

question 6

Multiple Choice

When companies adopt the strategy-making and strategy execution process it requires they start by

• A) developing a strategic vision,mission and values.
• B) developing a proven business model,deciding on the company's top management team,and crafting a strategy.
• C) setting objectives,developing a business model,crafting a strategy,and deciding how much of the company's resources to employ in the pursuit of sustainable competitive advantage.
• D) coming up with a statement of the company's mission and communicating it to all employees,setting objectives,selecting a business model,and monitoring developments and initiating corrective adjustments to the business model when necessary.
• E) deciding on the company's board of directors,setting financial objectives,crafting a strategy,and choosing what business approaches and operating practices to employ.

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Definitions:

Activating-Deactivating

This term refers to a process where certain factors can either initiate (activate) or halt (deactivate) specific behaviors, reactions, or systems.

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