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What is the primary focus of viability in a strategy?
What is the primary focus of viability in a strategy?
- Mitigating potential risks and ensuring flexibility
- Evaluating financial, technical, and operational aspects
- Aligning initiatives with overall strategic objectives
- Assessing market dynamics and competitive landscape (correct)
What is the primary goal of risk management in achieving desirable feasibility and viability?
What is the primary goal of risk management in achieving desirable feasibility and viability?
- To enhance the competitive advantage of an organization
- To evaluate the financial and technical aspects of a strategy
- To ensure that all initiatives are in line with the overall strategic objectives
- To identify and mitigate potential risks that could impact the strategy (correct)
What is the significance of strategic alignment in achieving desirable feasibility and viability?
What is the significance of strategic alignment in achieving desirable feasibility and viability?
- It enhances the competitive advantage of an organization
- It ensures that all initiatives are in line with the overall strategic objectives (correct)
- It helps to identify potential risks and mitigate them
- It evaluates the financial and technical aspects of a strategy
What is the significance of feasibility in a strategy?
What is the significance of feasibility in a strategy?
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What is the outcome of prioritizing feasibility and viability in strategic decision-making?
What is the outcome of prioritizing feasibility and viability in strategic decision-making?
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What is the relationship between feasibility and viability in strategic decision-making?
What is the relationship between feasibility and viability in strategic decision-making?
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