Crafting a Strategy Involves

Multiple Choice

Crafting a strategy involves

A) blending deliberate/planned initiatives with emergent/unplanned reactive responses to changing circumstances,while abandoning planned strategy elements that have failed in the marketplace.
B) developing a five-year strategic plan and then fine-tuning it during the remainder of the plan period.
C) trying to imitate as much of the market leader's strategy as possible so as not to end up at a competitive disadvantage.
D) doing everything possible (in the way of price,quality,service,warranties,advertising,and so on) to make sure the company's product/service is very clearly differentiated from the product/service offerings of rivals.
E) All of these accurately characterize the managerial process of crafting a company's strategy.