An organization must address certain key practices to achieve a strategic focus on performance excellence. Which of the following is NOT one of them?

a$.$ Execute mergers and acquisitions, with an aim to expand business globally and to form coalitions and cartels to achieve the same

b$.$ Develop and refine a systematic approach for conducting strategic planning and setting strategic objectives

c$.$ Gather and analyze relevant data and information pertaining to such factors as the organization's strengths, weaknesses, opportunities, and threats

d$.$ Understand the competitive environment, the principal factors that determine success, the organization$$s core competencies, and strategic challenges