Thinking strategically means A. Thinking in fairly specific terms the organization's strategic mission and related objectives B. Thinking about how the company will become a big moneymaker and boost shareholder value C. Thinking of the company's current situation, envisioning where you want to be over the planning horizon, and thinking of steps to get there. D. Conceptualizing the critical issue of "why our business model needs to change and how we plan to change it." E. Focusing on developing the organization

The correct answer is letter "C": Thinking of the company's current situation, envisioning where you want to be over the planning horizon, and thinking of steps to get there.

Explanation:

In the corporate world, strategic thinking refers to the study companies make of their current situation to find out where they are currently located and to determine what course the firm should take to reach its objectives. Strategic thinking always uses a set plan as a guide that can be adjusted as many times as possible as the internal and external environment of the company demands.

the investment was $14,174.196

explanation:

a lump sum means that the father of the example made one deposit and leave it be.

we need to know the value of a capital that generated at 4.05% per year during 28 years the sum of $48,613.24

now clearing the formula to solve for capital we got:

and we reach the answer investment = $14,174.20

answer; ///(d); determining who competes most closely   with whom evaluating whether industry driving forces and competitive pressure favor some strategic groups and hurt others, and ascertaining whether the profit potential of different strategic groups varies due to the strengths and weaknesses in each groups respective market positions;