Which of These Statements About the Four Basic Business and Management

question 79

Multiple Choice

Which of these statements about the four basic business and management practices that researchers identified is most accurate?

• A) Strategy and structure are more important for success than culture and execution.
• B) Culture and execution are more important for success than strategy and structure.
• C) In order for a company to be successful, it must use all four strategies.
• D) In terms of the basic business and management practices, the practice itself is less important than flawless execution of the ones the company does use.
• E) No strategy can work unless every stakeholder buys into it 100 percent.

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Definitions:

Flow

A state of complete immersion and focused motivation in an activity, often leading to high levels of enjoyment and fulfillment.

Absorption

A psychological state of being fully engrossed or deeply involved in something, to the point of being oblivious to surrounding distractions.

Motivated Behaviors

Actions driven by internal desires and goals, reflecting an individual's needs, aspirations, or objectives.

Personal Causation

An individual's perception of their capability to influence or produce effects in their life.