Crafting a company's strategy is best described as
Chapter1: Taking Risks And Making Profits Within The Dynamic Business Environment
Section: Chapter Questions
Problem 1CE
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Transcribed Image Text:Crafting a company's strategy is best described as
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the exclusive province of top management-owner-entrepreneurs, CEOS, and other very senior executives.
delegation of considerable strategy-making authority to down-the-line managers in charge of particular subsidiaries, product lines, geographic sales
offices, and piants in companies that are diversified geographically or by product/market
involving the board of directors in the lead role in crafting a company's strategy.
being assumed by an elite group of corporate entrepreneurs.
always the product of brilliant corporate entrepreneurs.
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