Which of the Following Is NOT a Common Goal of a Strategic

question 60

Multiple Choice

Which of the following is NOT a common goal of a strategic compensation policy?

• A)To reward employees' past performance
• B)To mesh employees' past performance with organizational goals
• C)To remain competitive in the labor market
• D)To attract new employees

Acknowledge the role of portfolio planning in strategic management and its goal in resource allocation.

Grasp the dynamic nature of product life cycles and the need for strategic adjustment.

Comprehend the importance of competitive advantage and the conditions for its development.

Understand the principles of corporate governance and its impact on strategic planning and implementation.

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Definitions:

Cash Conversion Cycle

A metric that measures the time it takes for a company to convert its investments in inventory and other resources into cash flows from sales.

Inventory Collection

The process of organizing and managing products or stock that a company holds for sale to customers.

Inventory Payment

The financial transactions related to the purchasing of inventory, either on a cash or credit basis.

Cash Conversion Cycle

A measurement that gauges the duration required for a business to transform its investments in stock and other assets into cash flows from customer purchases.