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When companies adopt the strategy formulation, strategy execution process, the first step is to Group of answer choices develop a strategic vision, mission, and values. execute the company's chosen strategy efficiently and effectively. adopt a proven business model, decide on the company's top management team, and craft a strategy. set objectives and develop a profitable business model to meet those objectives. monitor internal and external developments and initiate corrective adjustments to the business model when necessary.
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It is most important to account for factors like warranties and durability when purchasing durable goods or very expensive items
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When companies adopt the strategy formulation, strategy execution process, the first step is to Grou...
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