a company exhibits strategic intent when course hero

by Eldridge Gibson 9 min read

What should not be allocated to the achievement of strategic objectives?

D. not allocate any resources to the achievement of strategic objectives until it is very clear that the company can meet or beat its stretch financial performance targets.

Who is in charge of strategy making?

In most companies, strategy-making is the exclusive province of top management—owner-entrepreneurs, CEOs, and other very senior executives. B.

What business model should we employ to achieve our objectives/vision?

"What business model should we employ to achieve our objectives and our vision?" A. A mission statement typically concerns a company's present business scope ("who we are and what we do") whereas the principal concern of a strategic vision is with the company's long term direction and future product-market-customer-technology focus

How do you develop a strategic vision for a company?

A. Developing a strategic vision of where the company needs to head and what its future business makeup will be. B. Setting objectives to convert the strategic vision into specific strategic and financial performance outcomes for the company to achieve.

What is a corporate strategy?

A. Corporate strategy and a group of business strategies (one for each line of business the corporation has diversified into) B. Corporate or managerial strategy, a set of business strategies and divisional strategies within each business. C. Business strategies, functional strategies and operating strategies.

What is the difference between a mission statement and a strategic vision?

A. A mission statement typically concerns a company's present business scope ("who we are and what we do") whereas the principal concern of a strategic vision is with the company's long term direction and future product-market-customer-technology focus

What is the difference between a company's mission statement and a company's strategic vision?

A. a mission statement explains why it is essential to make a profit, whereas the strategic vision explains how the company will be a moneymaker. B. a mission statement typically concerns a company's present business scope and purpose, ...

What is strategic vision?

9. A strategic vision constitutes management's view and conclusions about the company's

What is strategic management?

Strategic Management, 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.

What is management storyline?

A. management's storyline of how it intends to make a profit with the chosen strategy "who we are and what we do."

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