Final answer:
The three typical approaches of strategy making according to Henry Mintzberg are Emergent strategy, Deliberate strategy, and Realized strategy, with option 2 being the correct one.
Step-by-step explanation:
The three most typical approaches to strategic making according to Henry Mintzberg are: Emergent strategy, Deliberate strategy, and Realized strategy. This means the correct option is 2) Emergent strategy, Deliberate strategy, Realized strategy.
These strategies encapsulate different aspects of how organizations plan and execute their strategies. The Deliberate strategy refers to the plans that an organization formulates and intends to implement, while the Emergent strategy evolves over time as an organization adapts to its environment and unexpected situations.
On the other hand, Realized strategy is the actual strategy that is implemented, which often is a combination of both deliberate and emergent strategies.
Understanding these strategic approaches is essential in the ever-changing business environment, as they provide a foundation for analyzing how organizational strategies evolve and are executed in the face of both internal and external factors. This framework is vital not only for businesses but also for any entity that involves planning and executing strategies to achieve specific goals.