A strategy initiative in the balanced scorecard framework is A statement of what the strategy must achieve and what is critical to its success. A key action program required to achieve strategic objectives. A diagram of the cause-and-effect relationships between strategic objectives. The level of performance or rate of improvement needed in the performance measure. company's chosen strateg y is the route it uses to arrive its destination. A1 guiding set of principles for laying out the long-term bals is known as Porter's Five Forces. Which of the following best represents the threat of new entrants? Thrifty Dresses, Inc, changed its credit terms to give preference to online vendors over brick-and-mortar stores. A dress shop opens next to a local boutique that specializes in women's clothing. A fine jewelry store would like to open in a market where three other fine jewelry stores exist. Customers of a clothing boutique learn of an online shop that sells the same clothing. Lana is the owner of Leafy Greens, a meal-replacement smoothie store slated to open within the next six months. Lana is in the process of creating the company's strategic plan and needs to identify her furthest-reaching goals. She knows that this process will take some time to get right and wants to do it properly. Which of the following is an example of a threat of substitutes for Leafy Greens according to Porter's Five Forces? A supplier of bananas has decided to offer new credit terms for existing customers. A. food truck that will sell smoothies and other items just opened in the area. A meal kit that is available that allows customers to make fresh salads. A meal kit that is available for all meals, including breakfast