Which of the Following Is an Example of a Strategic

question 14

Multiple Choice

Which of the following is an example of a strategic goal?

• A) Implement a uniform accounting system by December 2020 to promote consistency across the organisation in financial record-keeping.
• B) Raise employee retention from 43 per cent to 78 per cent by April 2018.
• C) Increase the use of robotics in the organisation's three factories so that this contributes 35 per cent of total production by January 2019.
• D) Improve responses to critical incidents by raising to 90 per cent the number of employees who hold first aid qualifications.
• E) All of these responses are correct.

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Definitions:

Positioning Strategies

Techniques used by companies to place their products or services in the mind of the consumers relative to competitors' offerings.

Value Proposition

A statement that clearly articulates why a customer should prefer and buy one product over another, highlighting the distinct value it offers.

LinkedIn

A social media platform designed for professional networking and career development.

Communications Capabilities

The range of methods and techniques a company can use to effectively convey messages to its target audience.