Briefly define each of the following terms. a. Sustainable competitive advantage b. Deliberate strategy c. Emergent strategy d. Realized strategy e. Abandoned strategy 2. A company's strategy represents a managerial commitment to an integrated array of considered choices about how to compete. This includes the choice about how to capitalize on attractive opportunities to grow the business. Why is opportunity recognition a vital component of the company's strategy? 3. A well-conceived strategic vision helps prepare a company for the future. True or false? Explain and justify your answer. 4. Why does an organization need both financial and strategic objectives? 5. The task of crafting a company's strategy is typically a job for the company's whole management team, not just a small group of senior executives. True or false?