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Crafting a Deliberate Strategy Involves Developing Strategy Elements That

Question 30

Multiple Choice

Crafting a deliberate strategy involves developing strategy elements that:


A) imitate as much of the market leader's strategy as possible so as not to end up at a competitive disadvantage.
B) comprise a five-year strategic plan and then fine-tuning it during the remainder of the plan period;big changes in strategy are thus made only once every five years.
C) consist of a blend of proactive new planned initiatives plus ongoing strategy elements continued from prior periods.
D) doing everything possible (in the way of price,quality,service,warranties,advertising,and so on) to make sure the company's product/service is very clearly differentiated from the product/service offerings of rivals.
E) All of these accurately characterize the managerial process of crafting a company's strategy.

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