WHAT CAN BE DEFINED AS THE ART AND SCIENCE OF FORMULATING, IMPLEME...

64) - TEST BANK FOR STRATEGIC MANAGEMENT A COMPETITIVE ADVANTAGE APPROACH 14TH EDITION BY DAVID
TEST BANK FOR STRATEGIC MANAGEMENT A COMPETITIVE ADVANTAGE APPROACH 14TH EDITION BY DAVID
64) What can be defined as the art and science of formulating, implementing and evaluating cross-functional decisions that enable an organization to achieve its objectives?A) Strategy formulationB) Strategy evaluationC) Strategy implementationD) Strategic managementE) Strategic leadingAnswer: DDiff: 1 Page Ref: 5Objective: 1.01 Describe the strategic-management process.Learning Outcome: Define strategic management and identify its basic concepts