Chapterone10 Week 4
Chaptone11.
The heart and soul of a company's strategy-making effort A) is figuring out how to become the industry’s low-cost provider. B) is figuring out how to maximize the profits and shareholder value. C) concerns how to improve the efficiency of its business model. D) deals with how management plans to maximize profits while, at the same time, operating in a socially responsible manner that keeps the company’s prices as low as possible. E) involves coming up with moves and actions that produce a durable competitive edge over rivals. Chapterone12.
A company’s strategy and its quest for competitive advantage are tightly connected because A) without a competitive …show more content…
D) results in a company becoming the dominant industry leader. E) can pass the ethical standards test, the strategic intent test, and the profitability test.
Chapterone44.
A winning strategy is one that A) results in a company becoming the dominant market leader. B) produces exceptionally high levels of customer satisfaction and is both ethical and highly profitable. C) fits the company's internal and external situations, builds sustainable competitive advantage, and improves company performance. D) is ethical, socially responsible, and profitable. E) builds shareholder value, passes the completeness test, and passes the customer satisfaction test.
Chapterone47
Crafting and executing strategy are top-priority managerial tasks because A) working their way through the tasks of crafting and executing strategy helps top executives create tight fits between a company’s strategic vision and business model. B) all company personnel, and especially senior executives, need to know the answer to "who are we, what do we do, and where are we …show more content…
D) without clear guidance as to what the company's business model and strategic intent are, managerial decision-making is likely to be rudderless. E) how well executives perform these tasks are the key determinants of executive compensation.
Chapterone48
Crafting and executing strategy are top-priority managerial tasks because A) they are necessary ingredients of a sound business model. B) good strategy coupled with good strategy execution greatly raises the chances that a company will be a standout performer in the marketplace. C) the management skills of top executives are sharpened as they work their way through the strategy-making/strategy-executing process. D) doing these tasks helps executives develop an appropriate strategic vision, strategic intent, and set of strategic objectives. E) of the contribution they make to maximizing value for shareholders.
The heart and soul of a company's strategy-making effort A) is figuring out how to become the industry’s low-cost provider. B) is figuring out how to maximize the profits and shareholder value. C) concerns how to improve the efficiency of its business model. D) deals with how management plans to maximize profits while, at the same time, operating in a socially responsible manner that keeps the company’s prices as low as possible. E) involves coming up with moves and actions that produce a durable competitive edge over rivals. Chapterone12.
A company’s strategy and its quest for competitive advantage are tightly connected because A) without a competitive …show more content…
D) results in a company becoming the dominant industry leader. E) can pass the ethical standards test, the strategic intent test, and the profitability test.
Chapterone44.
A winning strategy is one that A) results in a company becoming the dominant market leader. B) produces exceptionally high levels of customer satisfaction and is both ethical and highly profitable. C) fits the company's internal and external situations, builds sustainable competitive advantage, and improves company performance. D) is ethical, socially responsible, and profitable. E) builds shareholder value, passes the completeness test, and passes the customer satisfaction test.
Chapterone47
Crafting and executing strategy are top-priority managerial tasks because A) working their way through the tasks of crafting and executing strategy helps top executives create tight fits between a company’s strategic vision and business model. B) all company personnel, and especially senior executives, need to know the answer to "who are we, what do we do, and where are we …show more content…
D) without clear guidance as to what the company's business model and strategic intent are, managerial decision-making is likely to be rudderless. E) how well executives perform these tasks are the key determinants of executive compensation.
Chapterone48
Crafting and executing strategy are top-priority managerial tasks because A) they are necessary ingredients of a sound business model. B) good strategy coupled with good strategy execution greatly raises the chances that a company will be a standout performer in the marketplace. C) the management skills of top executives are sharpened as they work their way through the strategy-making/strategy-executing process. D) doing these tasks helps executives develop an appropriate strategic vision, strategic intent, and set of strategic objectives. E) of the contribution they make to maximizing value for shareholders.