When companies adope the strategy formulation, strategy execution process, the first stipp is to Select one:

a$.$ monitor internal and external developments and infliate conective aljustments to the busincss model when necessary.

b$.$ adope a proven business model, decide on the company's top management team, and craft a strategy.

c$.$ execute the company's chosen strategy efficiently and effectively.

d$.$ set objectives and develop a profitable business madel to moet those objectives.

e$.$ develop a trrateger vision, mission, and values.