Which of the Following Is an Integral Part of the Managerial

question 26

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:

U.S. Workforce

The labor pool in the United States, encompassing all employed individuals across various sectors and industries.

Women or People of Color

Refers to individuals identified as female or those belonging to racial or ethnic groups that have historically been marginalized.

Layers of Organizational Culture

The different levels at which organizational culture manifests, including artifacts (visible elements like dress code), espoused values (organization’s stated values and rules), and underlying assumptions (unconscious, taken-for-granted beliefs).

Visible

Easily seen or perceived, readily attracting attention or becoming apparent.