A Useful Way to Understanding the Purpose of Strategy Is

question 82

Multiple Choice

A useful way to understanding the purpose of strategy is to think of the firm as a(n) ________, composed of a series of distinct activities, including production, marketing, materials management, R&D, human resources, information systems, and the firm infrastructure.

• A)activity network
• B)value constellation
• C)task succession
• D)value chain

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Definitions:

Expertise

Specialized knowledge or skill in a particular field or area, often gained through experience and education.

Fear Arousal

A psychological concept referring to the use of threatening or fear-inducing messages to influence attitudes, beliefs, or behaviors.

Two-sided Message

A communication strategy that presents both the positive and negative aspects of a subject, often used in persuasion to enhance credibility.

Trustworthy

Deserving of trust or confidence, reliable and honest.