Which of the Following Statements About Strategy Is Most Accurate

question 333

Multiple Choice

Which of the following statements about strategy is most accurate?

• A)An organization can be all things to all people because it has access to all the resources it needs to discover and satisfy the needs and wants of its target markets.
• B)The marketing department helps to both set an organization's direction and move it there.
• C)The American Marketing Association (AMA)recently has established the definition of strategy.
• D)Strategy is an organization's short-term course of action designed to deliver a specific customer experience while achieving its internal standards.
• E)Only start-up organizations must develop strategies to help them raise capital as well as focus and direct their efforts to accomplish their goals.

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Definitions:

Selective Memory

The tendency to remember only certain details of an event or experience, often those that align with one's existing beliefs or attitudes.

Rehearsing

The act of practicing ahead of time how one will perform in a specific situation to perfect their response or performance.

Boredom

A state of feeling disinterested or weary due to lack of stimulation or activity.

Egalitarian Message

A communication that promotes equality and equal rights among all people.