Get premium membership and access questions with answers, video lessons as well as revision papers.
1. The CEO (chief executive officer) who has the ultimate responsibility for leading the
strategy-making, strategy-executing process. Mostly s/he functions as strategic visionary and
chief architect of strategy.
2. The Senior executives typically exercise influential strategy-making roles. This is done
through leading efforts to fashion chief strategy components in their own areas of
responsibility.
3. The Managers of subsidiaries, divisions, plants, other important operating units (and, often, key employees) brings on-the-scene people with detailed familiarity with local competitive conditions and customer requirements/expectations into the strategy-making process.
Titany answered the question on October 19, 2021 at 07:58
- Responsibilities of Top Management in an organization(Solved)
Responsibilities of Top Management in an organization
Date posted: October 19, 2021. Answers (1)
- Dimensions of Strategic Decisions (Characteristics)(Solved)
Dimensions of Strategic Decisions (Characteristics)
Date posted: October 19, 2021. Answers (1)
- Diagrammatically express the strategic management process(Solved)
Diagrammatically express the strategic management process
Date posted: October 19, 2021. Answers (1)
- Schools of Thought in Strategic Management(Solved)
Schools of Thought in Strategic Management
Date posted: October 19, 2021. Answers (1)
- What is the difference between strategic planning and strategic management?(Solved)
What is the difference between strategic planning and strategic management?
Date posted: October 19, 2021. Answers (1)
- Explain the Five Ps of strategy(Solved)
Explain the Five Ps of strategy
Date posted: October 19, 2021. Answers (1)
- Highlight the steps to effective change(Beer et al’s model)(Solved)
Highlight the steps to effective change(Beer et al’s model)
Date posted: August 5, 2019. Answers (1)
- Give the areas of focus upon sustaining change in an organization.(Solved)
Give the areas of focus upon sustaining change in an organization.
Date posted: August 5, 2019. Answers (1)
- Discuss the steps involved in project execution.(Solved)
Discuss the steps involved in project execution.
Date posted: August 5, 2019. Answers (1)
- Explain the product life cycle(Solved)
Explain the product life cycle
Date posted: August 3, 2019. Answers (1)
- Define Cost leadership(Solved)
Define Cost leadership
Date posted: August 3, 2019. Answers (1)
- Define Competitive Strategy(Solved)
Define Competitive Strategy
Date posted: August 3, 2019. Answers (1)
- List various business entry barriers.(Solved)
List various business entry barriers.
Date posted: August 3, 2019. Answers (1)
- Give factors influencing the tempo of cross-company rivalry(Solved)
Give factors influencing the tempo of cross-company rivalry
Date posted: August 3, 2019. Answers (1)
- Highlight five competitive forces(Solved)
Highlight five competitive forces
Date posted: August 3, 2019. Answers (1)
- Define Capabilities(Solved)
Define Capabilities
Date posted: August 3, 2019. Answers (1)
- Define Competency(Solved)
Define Competency
Date posted: August 3, 2019. Answers (1)
- Discuss the limitations of Boston Consulting Group (BCG) Growth-Share Matrix(Solved)
Discuss the limitations of Boston Consulting Group (BCG) Growth-Share Matrix
Date posted: August 3, 2019. Answers (1)
- Define Strength, Weaknesses, Opportunities and Threats (SWOT) Analysis.(Solved)
Define Strength, Weaknesses, Opportunities and Threats (SWOT) Analysis.
Date posted: August 3, 2019. Answers (1)
- Define Service(Solved)
Define Service
Date posted: August 2, 2019. Answers (1)