BUSINESS ADMINISTRATION
STRATEGIC MANAGEMENT
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Which statement is not true?
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Strategy sets a direction
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Strategy making is the decision made on behalf of manager
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Strategy deals with the long term
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Strategy aims to meet stakeholders’ expectations
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Explanation:
Detailed explanation-1: -Expert-Verified Answer. The statement (A) It is a continuous process is correct and true about the strategic-management process.
Detailed explanation-2: -Expert-Verified Answer. Answer: Implementing and Executing the chosed Strategy efficiently and effectively.
Detailed explanation-3: -The CIO’s responsibility is to maintain the organization’s personnel data. This task is not involved in the strategic execution process; thus, it is not part of the principal managerial activities within the strategy execution process. Therefore, the correct answer is option b.
There is 1 question to complete.