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Evaluating the data collected from environmental analysis, the corporate executives of BigPharma Inc. realized that it was the right time to expand the business. The
Evaluating the data collected from environmental analysis, the corporate executives of
BigPharma Inc. realized that it was the right time to expand the business. The companys
vision was accordingly adjusted from To Be the Best in the Pharmaceutical Industry to To
Make Good Health Accessible to Everyone around the Globe. To support the new vision,
the executives decided that the company would first enter the Asian market where its growth
potential would be huge. To further support these decisions, the general managers of
different SBUs and the functional managers formulated their own strategies. Which of the
following approaches to the development of strategy does this best illustrate?
a scenario planning
b bottomup strategic approach
c emergent strategy making
d topdown strategic planning
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