Which of the Following Statements About Strategy Is Most Accurate

question 120

Multiple Choice

Which of the following statements about strategy is most accurate?

• A)An organization can be all things to all people because it has access to all the resources it needs to discover and satisfy the needs and wants of its target markets.
• B)The marketing department helps to both set an organization's direction and move it there.
• C)The American Marketing Association (AMA)recently has established the definition of strategy.
• D)Strategy is an organization's short-term course of action designed to deliver a specific customer experience while achieving its internal standards.
• E)Only start-up organizations must develop strategies to help them (1)raise capital and (2)focus and direct their efforts to accomplish their goals.

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Definitions:

Pay Periods

Specific intervals or durations of time for which employees receive their wages or salaries.

Hourly Workers

Employees who are paid for each hour worked, as opposed to salaried workers who receive a set amount regardless of hours worked.

Salary Workers

Employees who are paid a fixed amount of money or remuneration on a regular basis, typically monthly or annually, not hourly.

Regular Earnings

Regular earnings refer to the normal income that an employee receives from their employer, including wages or salaries before deductions or bonuses.