Question

What does a company specifically exhibit when it relentlessly pursues an ambitious strategic objective, concentrating the full force of its resources and competitive actions on achieving that objective?
A. Competitive edge.
B. Sustainable advantage.
C. Strategic intent.
D. Financial strength.
E. All of these.

Answer 1

Answer:

Letter C is correct. Strategic intent.

Explanation:

The organizational strategy corresponds to a set of rules, values, procedures and action plans that a company develops and implements to achieve its objectives and goals for success in the market.

The strategy is responsible for directing the decision-making process that will assist in achieving the objectives, so it is important that it is well planned, that reflects the organizational values ​​and the posture that the company wants to have towards stakeholders.

It is also necessary that the implementation of the strategic plan is accomplished in line with the objectives established in the planning stage, the conformity of practices will be relevant for the objectives to be achieved.

Continuous improvement should also be an essential issue in the strategy assessment stage, so that errors and gaps that may hinder the progress and effectiveness of organizational processes are identified and corrected.