The managerial task of developing a strategic vision for a company:  Question 20Answer        B)    entails coming up with a fairly specific answer to 'who are we, what do we do and why are we here?'        D)    involves deciding upon what strategic course a company should pursue in preparing for the future and why this directional path makes good business sense.        C)    is chiefly concerned with addressing what a company needs to do to successfully outcompete rivals in the marketplace.        A)    concerns deciding what approach the company should take to implement and execute its business model.

Understanding Business
12th Edition
ISBN:9781259929434
Author:William Nickels
Publisher:William Nickels
Chapter1: Taking Risks And Making Profits Within The Dynamic Business Environment
Section: Chapter Questions
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The managerial task of developing a strategic vision for a company: 

Question 20Answer

       B)    entails coming up with a fairly specific answer to 'who are we, what do we do and why are we here?'

       D)    involves deciding upon what strategic course a company should pursue in preparing for the future and why this directional path makes good business sense.

       C)    is chiefly concerned with addressing what a company needs to do to successfully outcompete rivals in the marketplace.

       A)    concerns deciding what approach the company should take to implement and execute its business model.      

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