Question 16 1 pts There is a need in modern times for strategies to achieve agreed goals and objectives, giving a sense of purpose and direction to the organization, because of recent technological and social changes and competition from rival organizations. O True FalseQuestion 15 1 pts Strategic management involves building a careful understanding of how the world is changing. O True FalseQuestion 20 1 pts The process of strategy is a set of policies adopted by senior management, which guides the scope and direction of the entity. O True O FalseQuestion 18 1 pts Business level of strategy are concerned with how the various functions of the organization contribute to the achievement of strategy. O True O FalseQuestion 14 1 pts A emergent strategy is the strategy that an organization actually follows. O True O FalseQuestion 17 1 pts Corporate strategy relates to the future formula and structure of the company, and affects the rationale of the company and the business in which it intends to compete. O True O FalseQuestion 11 1 pts Leading and controlling belongs to strategy formulation framework. O True O FalseQuestion 13 1 pts Most organizations create emergent strategies that they hope to follow to be successful. O True O FalseQuestion 12 1 pts The complex nature of many large organizations has led to the splitting of strategies into inter-related levels comprising the hierarchy of process. O True False