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:

The Basal Ganglia

A group of structures in the brain involved in processing information related to movement, emotions, and learning.

Semipermeable

A type of membrane that allows certain substances to pass through it while blocking others, often used in biological and chemical contexts.

Cell Membranes

The semipermeable membranes that surround cells, controlling the movement of substances in and out of the cell.

Broca's

Refers to Broca's area, a region in the frontal lobe of the brain associated with language production and processing.