Strategy Formulation Is ___

question 155

Multiple Choice

Strategy formulation is ___.

• A) a set of processes used to create new strategies by evaluating existing strategies and changes in the organizational environment
• B) the method by which strategies guide resource allocation
• C) the same as goal development
• D) also called corporate-level strategy
• E) a form of functional strategy

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Definitions:

Learning

The process of acquiring knowledge or skills through study, experience, or teaching, leading to a change in behavior or understanding.

Motivation

A psychological process that initiates, guides, and maintains goal-oriented behaviors, often driven by desires, needs, or rewards.

Perceptual Selection

Perceptual selection is the process by which individuals filter and selectively focus on certain stimuli from the environment while ignoring others, based on personal interests, backgrounds, and psychological states.

Communication Competency

The ability to effectively convey information, understand others, and engage in meaningful dialogs in various contexts.