Which of These Is True About Strategy Implementation

question 70

Multiple Choice

Which of these is true about strategy implementation?

• A)It requires intuitive skills.
• B)It is primarily an operational process.
• C)It is primarily an intellectual process.
• D)It is positioning forces before the action.
• E)It focuses on effectiveness.

---

Definitions:

Survival Pricing

A pricing objective that involves lowering prices to the point at which revenue just covers costs, allowing the firm to endure during a difficult time.

Break-Even Point

The point at which total revenue equals total costs, resulting in no net loss or gain for the business.

Price Bundling

A marketing strategy that involves offering several products or services for sale as one combined product or service package at a lower price than they would be sold separately.

Single Price

A retail strategy where all items in a store or specific categories are sold at the same price point.