A. It relates to one area of operation
B. It requires commitment of organization
C. It is based mostly on future scenario
D. It will not affect future growth of organization
E. It is based on expected behaviour of forces in the external environment
Choose the correct answer from the options given below:
The question requires us to identify which features of a strategy are accurately described by the provided statements. Let's evaluate each option:
By analyzing the statements, we find that options B, C, and E correctly describe characteristics of a strategy. Therefore, the correct answer is:
| B, C and E only |
This highlights the essential nature of strategic planning, which encompasses organizational commitment, future-oriented thinking, and consideration of external environmental factors.
When the organizational requirements advocate tight cost control; frequent, detailed control reports; structured organization and responsibilities and incentives based on meeting strict quantitative targets then it is called:
Which of the following strategies are types of combination strategies?
(A) No change strategies
(B) Pause/Proceed with caution strategies
(C) Turn around strategies
(D) Profit strategies
(E) Concentration strategies
As per Henry Mintsberg, which of the following is NOT a part of his conception of types of strategies?