Multiple Choice
Strategy involves matching an organization's resources to the environment. It also involves an understanding of the different relationships in which the organization is involved. These relationships are made up of:
A) Collaborators
B) Stakeholders
C) Competitors
D) Shareholders
Correct Answer:

Verified
Correct Answer:
Verified
Q4: The strategic management process involves three main
Q5: Factors in the general or macro environment
Q6: The work of Andrews (1971) and Ansoff
Q7: In general, a firm can substitute its
Q8: Strategy formulation is a conscious process that
Q10: The resource-based view of the firm considers
Q11: The selection of 'generic' strategies is most
Q12: Mintzberg (1996) stated 'We all know we
Q13: A shareholder is an example of a
Q14: Effective implementation of strategies requires:<br>A) Flexible organizational