The practice of management to use known methods and find efficiencies by directing staff to stay in their “lane” is known asSelect one:a.Alignment Strategiesb.Adoption Strategiesc.Market Strategyd.None of these

The practice of management to permit maximum flexibility among staff and resources to engage new methods and relationships outside of the competitor “normal” behaviors is known asSelect one:a.Alignment Strategyb.Corporate Strategyc.Adaptability Strategyd.None of these

Which of the following is one of the eight principal managerial components associated with the process of implementing and executing strategy?Multiple Choiceallocating ample resources to strategy-critical activitiesshifting from decentralized to centralized decision making so as to give senior executives more authority and control in driving cultural changeimplementing a management development plan to groom future executivesstaffing solely with personnel below the age of 35 who have college degrees and a grade point average of 3.0 or betteradopting best practices and business processes to drive continuous improvement in activities that encompass strategy execution

Any method used by a company to retain their current customers, sales and margins. This includes elements such as brand, financial and competitive posturing is also known as …Select one:a.Defensive Strategyb.Offensive Strategyc.Optimal Strategyd.None of these

The process of strategic management is a/an one that changes as the organisational goals and objectives evolvea.Continuousb.Interestingc.Systematicd.Stable

Executing strategies formulated in the past is:a breakdown of the strategy process.outdated and doomed to failure.not considered a standard practice.part of the strategic management process.