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Strategy is developed by the visionary chief executive in ___________ mode of strategic management

A. planning mode

B. adaptive mode

C. strategic mode

D. entrepreneurial mode

Answer: Option D

Solution(By Examveda Team)

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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Comments ( 2 )

  1. Amrit Maity
    Amrit Maity :
    10 months ago

    Good

  2. Rinki Arora
    Rinki Arora :
    10 months ago

    Hi,

    As 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

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