The approach to nonmarket strategy formulation ________.
A. requires the delegation of administrative responsibility to an agency or a regulatory commission
B. addresses nonmarket issues of a firm directly in public institutions
C. does not require nonmarket strategies to focus on initial institutional arena as there is no competition between different interests of a firm
D. resolves nonmarket issues by voluntary agreements and thus, does not need strategy formulation
Answer:A
The approach to nonmarket strategy formulation ________.
A. requires the delegation of administrative responsibility to an agency or a regulatory commission B. addresses nonmarket issues of a firm directly in public institutions C. does not require nonmarket strategies to focus on initial institutional arena as there is no competition between different interests of a firm D. resolves nonmarket issues by voluntary agreements and thus, does not need strategy formulation