Student Name: 38.Strategy formulation refers to the a task of designing organiza
ID: 379995 • Letter: S
Question
Student Name: 38.Strategy formulation refers to the a task of designing organizational structures and control systems. b. process by which strategies are put into action. c. top-down planning process that gives rise to the implementation of emergent strategies. d. task of analyzing an organization's external and internal environment and then selecting an appropriate strategy e. process of choosing a realized strategy 32. Differences in tastes and preferences a increase pressures for cost reductions. b. reduce profit potential c. increase pressures for local responsiveness. d. reduce pressures from the host government. e. prevent a company from pursuing a licensing strategy.Explanation / Answer
Ans:
38) Option D
Task of analyzing an organizations external and internal environment and then selecting an appropriate strategy.
Strategy formulation refers to the process of choosing the appropriate strategy suitable for realizing the organizitional goals and objectives by analyzing organizations external and internal environment.
32) Option C
increase pressures for local responsiveness
Due to differences in tastes and preferences it becomes necessary for organization to adapt localization strategy.