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Chapter 5: Conceptual Skills Student: ___________________________________________________________________________ 1. CEO Sydney and his team of business unit presidents are meeting to discuss the organization’s goals for the next five years. They are considering issues such as which markets to enter and exit, what products to develop and which to drop, which business units to divest, whether to acquire small competitors, etc. Sydney’s team is developing a: A. goal. B. strategy. C. competence. D. scope. E. strength.
2. Miranda and her team are planning how to achieve the strategy they have spent weeks developing. These people are working on the ______________ stage. A. deploying B. planning C. formulation D. implementation E. creative