Which term refers to the combination of intended and emergent strategy?

• A. Emergent strategy
• B. Porter's Five Forces Analysis
• C. Realized strategy
• D. Deliberate strategy

Answer: (C)

The main idea here is that strategy is built from both what leaders plan and what naturally unfolds as the organization acts. Realized strategy captures that blend: the actual course of action a firm follows results from the deliberate plans it sets out plus the emergent decisions that arise from day-to-day operations, learning, and responses to new information or changing conditions. In other words, realized strategy is what the organization ends up doing, not just what it intended to do. Emergent strategy alone is only the patterns that arise without planning; deliberate strategy is the intended plan; and Porter's Five Forces Analysis is a competitive environment framework, not a type of strategy. So the term that refers to the combination of intended and emergent strategy is realized strategy.