Crafting a strategy involves

A$.$ trying to imitate as much of the market leader's strategy as possible so as not to end up at a competitive disadvantage.

B$.$ developing a $5-$year strategic plan and then fine$-$tuning it during the remainder of the plan period; big changes in strategy are thus made only once every $5$ years.

C$.$ stitching together a proactive$/$intended strategy and then adapting first one piece and then another as circumstances surrounding the company's situation change or better options emerge.

D$.$ doing everything possible $($in the way of price, quality, service, warranties, advertising, and so on$)$ to make sure the company's product$/$service is very clearly differentiated from the product$/$service offerings of rivals.

E$.$ All of these accurately characterize the managerial process of crafting a company's strategy.