Which of the following statements about a company’s realized strategy is true?
A company’s realized strategy is typically a blend of deliberate and/or planned initiatives and emergent and/or unplanned reactive strategy elements.
A company’s realized strategy is mostly hidden to outside view and is deliberately kept under wraps by top-level managers.
A company’s realized strategy generally changes very little over time unless a newly appointed CEO decides to take the company in a new direction with a new strategy.
A company’s realized strategy is typically planned well in advance and usually deviates little from the planned set of actions.
A company’s business model concerns what moves in the marketplace it plans to make to outcompete rivals. deals with how it can simultaneously maximize profits and operate in a socially responsible manner. relates to the principle business components that will allow the business to generate revenues ample enough to cover costs and produce a profit. concerns the actions and business approaches that will be used to grow the business, conduct operations, please customers, and compete successfully.
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