Question: What separates a powerful strategy from a run - of - the - mill or ineffective one? a . the ability of the strategy to

What separates a powerful strategy from a run-of-the-mill or ineffective one?
a. the ability of the strategy to keep the company profitable
b. the proven ability of the strategy to generate maximum profits
c. Whether it allows the company to maximize shareholder value in the shortest possible time
d. management's ability to forge a series of actions, both in the marketplace and internally, the sets the company apart from rivals and produces sustainable competitive advantage
e. the speed with which it helps the company achieve its strategic vision
Managers of every company should be willing and ready to modify their strategies because
a. the task of crafting strategy is a one-time event.
b. frequent changes in strategy make it very difficult for rivals to imitate.
c. all strategies are reactive.
d. market conditions and circumstances are changing over time or the current strategy is clearly failing.
e. the strategic vision necessitates periodic updating.
What separates a powerful strategy from a run-of-the-mill or ineffective one?

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