Crafting a company's strategy is best described as
A. always the product of brilliant corporate entrepreneurs.
B. the exclusive province of top management-owner-entrepreneurs, CEOs, and other very senior executives.
C. being assumed by an elite group of corporate entrepreneurs.
D. involving the board of directors in the lead role in crafting a company's strategy.
E. delegation of considerable strategy-making authority to down-the-line managers in charge of particular subsidiaries, product lines, geographic sales offices, and plants in companies that are diversified geographically or by product/market.
Answer: E
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