Final answer:
Choosing a strategic intent is not an integral part of the managerial process of crafting and executing strategy. The correct answer is b).
Step-by-step explanation:
The correct answer is b) Choosing a strategic intent. While developing a strategic vision, setting objectives and crafting a strategy, and evaluating performance and initiating corrective adjustments are all integral parts of the managerial process of crafting and executing strategy, choosing a strategic intent is not.
Developing a strategic vision involves creating a clear picture of the future direction and purpose of the organization. Setting objectives and crafting a strategy involves defining specific goals and developing a plan to achieve them. Evaluating performance and initiating corrective adjustments involves assessing the company's progress towards its objectives and making necessary changes to the long-term direction, strategy, or execution.
Choosing a strategic intent, on the other hand, is not a commonly recognized step in the managerial process of crafting and executing strategy. Strategic intent refers to the overall direction or purpose of an organization's strategy, but it is typically included as part of the initial step of developing a strategic vision.