6 Questions
What is the primary focus of viability in a strategy?
Assessing market dynamics and competitive landscape
What is the primary goal of risk management in achieving desirable feasibility and viability?
To identify and mitigate potential risks that could impact the strategy
What is the significance of strategic alignment in achieving desirable feasibility and viability?
It ensures that all initiatives are in line with the overall strategic objectives
What is the significance of feasibility in a strategy?
It involves evaluating financial, technical, and operational aspects
What is the outcome of prioritizing feasibility and viability in strategic decision-making?
Enhancing the competitive advantage of an organization
What is the relationship between feasibility and viability in strategic decision-making?
Feasibility and viability are separate but complementary concepts
Learn about the key principles and practical approaches for achieving desirable feasibility and viability in business strategies. This quiz covers the assessment of financial, technical, and operational aspects to ensure long-term success.
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