A vision is aspirational, stating what the firm wants to be.  True / False

109) Which option best describes prospectors? a) They scan the environment continuously for emerging trends and new market opportunities. b) They don’t care about the competition or the external environment c) They do not focus on product offering. d) Their control system is centralized

Due to Covid-19 many organizations worked hard to continue serving the same clients by offering the same product or service, maintaining market share, and sustaining the organization's current business operations, these organizations followed a ________ strategy.   stability   turnaround   renewal   growth   retrenchment

Is a strategic issue positive or negative?     Positive, because once the strategic issue is addressed, it becomes the focus point of the business     Positive, because the issue can be resolved and dealt with     Negative, because the issue cannot be resolved     Negative, because your company should not be having strategic issues     Positive, because as long you are strategic, it will work out.