A. Seizing the opportunities presented
B. Formalized planning
C. Innovation
D. Learning
✅ The correct answer is option C.
Innovation is the key variable in executing visionary strategy creation at the competitive strategy level. Innovation involves deliberate application of information, imagination and initiative in deriving greater or different values from resources, and includes all processes by which new ideas are generated and converted into useful products.
Innovation is the key variable in executing visionary strategy creation at the competitive strategy level. Innovation involves deliberate application of information, imagination and initiative in deriving greater or different values from resources, and includes all processes by which new ideas are generated and converted into useful products.