We have all been hearing the term ESG (which stands for Environmental, Social and Governance) issues. Governance refers to

		board of directors, institutional investors and large shareholders
		top management, including C-Suite executives like the CEO and CFO
		laws and regulations that businesses must comply with
		internal organizational policies

For a business organization, Intended strategy and Realized strategy

		usually differ
		must be (made) the same
		always differ
		are determined by different groups in the organization

The idea that an advantage that is unique to a business will soon be copied by all competitors (for example all colleges now offer online programs) is part of the

		Business Model Aggregation
		Unique Competencies Model
		Efficient Market Hypothesis
		Subjective Value Concept

Top management develops strategy in order to

		attract the best talent available and develop the best products
		increase market share and improve customer satisfaction
		develop and sustain competitive advantage
		create and maintain cost efficiencies