What is the key variable in executing visionary strategy creation at the competitive strategy level?
A. Seizing the opportunities presented
B. Formalized planning
C. Innovation
D. Learning
Answer: Option C
Solution(By Examveda Team)
Innovation is the key variable in executing visionary strategy creation at the competitive strategy level. Innovation involves deliberate application of information, imagination and initiative in deriving greater or different values from resources, and includes all processes by which new ideas are generated and converted into useful products.Related Questions on Strategic Management
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A. planning mode
B. adaptive mode
C. strategic mode
D. entrepreneurial mode
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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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