Which of the Following BEST Describes Business Strategy

question 32

Multiple Choice

Which of the following BEST describes business strategy?

• A) a strategy for determining the firm's overall attitude toward growth and the way it will manage its businesses or product lines
• B) a strategy at the business-unit or product-line level that focuses on improving a firm's competitive position
• C) a strategy by which managers in specific areas decide how best to achieve corporate goals through productivity
• D) a strategy that assists first-line managers in making day-to-day decisions about motivating employees
• E) a strategy that integrates an organization's marketing goals into a cohesive whole by focusing on the ideal product mix to achieve maximum profit potential

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Definitions:

Target Date Immunization

A strategy used in fixed-income portfolio management where the portfolio is structured to become immune to interest rate changes as it reaches a specified date.

Horizon Analysis

A method used in finance to evaluate investments by forecasting their returns or performance over a specific future period.

Yield Curve

A graph that shows the relationship between interest rates and the time to maturity of debt for a given borrower in a given currency.

Perpetuity

A type of annuity that pays an infinite series of cash flows with no end, often used as a model for valuing stocks.