Solect the ferms that best complote the following sentences. Managers are engaged in when they participate in a thorough, ongoing process of formulating and executing strategies. Select the terms that best complete the following sentences. A statement doscribing which markets or businesses the organization wal compete in is describing the of the organization's strateor. Select the correct response for the following guestion. What are managers focasing on when they execute a strategr? Strateor formilakion Strategr implementation