Business Policy as strategic management examines how actions and events involving top executives and industries influence a firm's success or failure. True False While an intended strategy is the strategy that an organization hopes to execute, an emergent strategy is the strategy that the organization actually follows. True False in preforming a SWOT (strengths, weaknesses, opportunities, and threats) analysis, strengths and weaknesses are assessed by examining the firm's resources, while opportunities and threats refer to external events and trends. True False While a vision looks to the future, a mission captures the key elements of the organization's past and present.. True False Which of the following statement best reflect the need to prepare a business plan? It provides a global analysis of the business O It helps an entrepreneur to analyze whether the business project is feasible or not o It helps an entrepreneur to make strategic decisions on the business O All of the above