Question: The strategy - making, strategy - executing process is shaped by Multiple Choice top executives and the board of directors; very few managers below this

The strategy

-

making, strategy

-

executing process is shaped by

Multiple Choice

top executives and the board of directors; very few managers below this level are involved in the process.

external factors such as the industry's economic and competitive conditions and internal factors such as the company's collection of resources and capabilities.

management's strategic vision, strategic and financial objectives, and strategy.

the challenges of developing a sound business model.

the decisions made by the compensation and audit committees of the board of directors.

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