1. Competitive environment
  2. Stakeholder expectations
  3. Research and development
  4. Organization structure
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Answer: Option 3

Research and development is not one of the four key strategic elements linked to corporate objectives. Research and development (R&D) refers to the activities companies undertake to innovate and introduce new products and services. It is often the first stage in the development process. The goal is typically to take new products and services to market and add to the company's bottom line.

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