What is an emergent strategy?
A. One with clear objectives leading to a clear strategy
B. One with no specific objectives, that is fully flexible, using opportunism to seize the main chance at the right moment
C. One with a formal approach to adaptive strategy creation, so that in a turbulent environment objectives and strategies can be adjusted
D. One that has a clear mission and directional objectives but that also recognizes the need for flexibility
Answer: Option B
Solution(By Examveda Team)
One with no specific objectives, that is fully flexible, using opportunism to seize the main chance at the right moment is an emergent strategy. Emergent strategy is a set of actions, or behavior, consistent over time, “a realized pattern [that] was not expressly intended” in the original planning of strategy. When a deliberate strategy is realized, the result matches the intended course of action.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
Stability strategy is a ____________ strategy
A. corporate level
B. business level
C. functional level
D. strategic level
What are the means by which long term objectives will be achieved?
A. Strategies
B. Policies
C. Strength
D. Opportunities
Marketing strategy is a ___________ type of strategy
A. business level
B. Growth strategy
C. corporate strategy
D. functional strategy
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