Generally Speaking,a Strategy Is

question 25

Multiple Choice

Generally speaking,a strategy is

• A)an action plan that guides resource investments.
• B)a formal statement of what the firm intends to do.
• C)an expanded description of the firm's mission statement.
• D)most effective when it is designed to reflect the tactics that are common within an industry.

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Definitions:

Distribution

Refers to how values in a data set are spread or dispersed, indicating the frequency of each value or range of values.

Pie Chart

Figure that uses a circle divided into proportions to represent the percentage of the sample corresponding to each value of a variable.

Frequency Polygon

A graphical representation of a frequency distribution with line segments connecting points directly above class midpoint values on the horizontal axis.

Histogram

Figure that uses connected bars to represent the frequency of each value of a variable.