“The strategy making, strategy executing process;”,”a. Is usually delegated to members of a company’s board of directors so as not to infringe on the time of busy executivesb. Includes establishing a company’s mission, developing a business model aimed at making the company an industry leader and crafting a strategy to implement and execute the business modelc. Embraces the tasks of developing a strategic vision, setting objectives, crafting a strategy, implementing and executing the strategy and then monitoring developments and initiating corrective adjustments in light of experience, changing conditions, new ideas and new opportunities Xd. Is principally concerned with sizing up an organization’s internal and external situation

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