1. All managements should strive to develop;

A. Self-managing groups that allow the team members to coordinate their own activities across the business spectrum and even decide on individual compensation

B. Functional groups that fail to engage their peers in other value chain departments which builds “Esprit de Coeur” within their particular group

C. Create very intense competition amongst divisions without providing a set of ethics, processes, goals and benefits associated with achievement.

2. Quite often emergent strategies can;

A. Be more effective than planned strategies due to the CEO’s lack of specific industry experience

B. Be ignored due to senior management's learned biases

C. Be more effective than planned strategies because they mirror real time market realities and incorporate significant customer/market tangible data

3. A positioning strategy is;

A. Meant to decide on entering new product markets

B. A specific set of options that a company adopts on four main metrics. These are price, distribution, promotion and advertising.

C. Conducted to determine if the company has the critical mass to remain in that market