An important activity in ________ is determining annual objectives.

Select one:

a. strategy formulation

b. strategy implementation

c. Environmental scanning

d. strategy leadership

e. strategy evaluation

________ is NOT a strategy-implementation activity

Select one:

a. Establishing annual objectives

b. Devising policies

c. Allocating resources

d. Motivating employees

e. Determining of strategic objectives

3 An important activity in __________ is measuring performance.

Select one:

a. strategy implementation

b. strategy formulation

c. Environmental scanning

d. strategy evaluation

e. strategy leadership

4)Anything that a firm does especially well compared to rival firms is referred to as

Select one:

a. opportunity.

b. competitive advantage.

c. an external opportunity.

d. sustainability

e. comparative disadvantage.