A company's overall strategy

Select one:

A$.$

determines whether its strategic intent is proactive or reactive.

B$.$

should be based on a flexible strategic vision and strategic intent.

C$.$

is really a collection of strategic initiatives and actions devised by managers and key employees up and down the whole organizational hierarchy.

D$.$

is subject to being changed much less frequently than either its objectives or its mission statement and thus serves as the base of its strategy$-$making pyramid.

E$.$

is customarily reviewed and approved level$-$by$-$level by the company board of directors.