BSG Exam Test With 100% Correct And
Verified Answers
Which of the following is not among the choices and decisions a company
makes in crafting its strategy - Correct Answer-How to boost the
company's credit rating and stock price
A company's strategy evolves from one version to the next - Correct
Answer-as managers abandon obsolete or ineffective strategy elements,
settle upon a set of proactive strategy elements, and then as new
circumstance unfold-- make adaptive strategic adjustments, which gives
rise to reactive strategy elements
A winning strategy is one that - Correct Answer-fits the company's internal
and external situation, improves company performance, and helps achieve
sustainable competitive advantage
Which of the following is not a frequently used strategic approach to
setting a company apart from rivals, delivering superior value, achieving
competitive advantage, and converting buyers into loyal customers? -
Correct Answer-striving to be more profitable than rival and aiming for a
competitive edge based on bigger profit margins
Based on Figure 1.1 Which of the following is not something to look for in
identifying a company's strategy - Correct Answer-actions to raise or
lower the company's performance targets and actions to pay down the
company's long-term debt
Crafting and executing strategy are top-priority managerial task because -
Correct Answer-how well a company performs and the degree of market
success it achieves are directly attributable to the caliber of its strategy
and the proficiency with which strategy is executed
the heart and soul of any strategy - Correct Answer-
is the actions and moves in the marketplace that
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