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Strategy is developed by the visionary chief executive in ___________ mode of strategic management
Answer & Solution
Correct Answer:
Option
D
Strategy is developed by the visionary chief executive in entrepreneurial mode of strategic management. In the entrepreneurial mode, strategy is developed mainly by a strong visionary chief executive who actively searches for new opportunities, is heavily oriented towards growth and is willing to make bold decisions or to shift strategies whenever necessary.
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LoginAs far as I understand Strategy is a plan of action which aims at accomplishing organisational aims from a long term perspective.
Hence strategy is developed by the visionary chief executive in planning mode.
Kindly suggest