Which of the Following Statements Concerning an Organization's Strategy Is

question 87

Multiple Choice

Which of the following statements concerning an organization's strategy is true?

• A) Strategy specifies how an organization matches its own capabilities with the opportunities in the marketplace to accomplish its objectives.
• B) Cost accountants formulate strategy in an organization since they have more inputs about costs.
• C) A good strategy will always overcome poor implementation.
• D) Businesses usually follow one of two broad strategies: offering a quality product at a high price, or offering a unique product or service priced lower than the competition.

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Definitions:

Post-Decision Dissonance

A form of regret or psychological discomfort experienced after making a challenging decision.

Attitude-Behavior Consistency

The degree to which a person's attitudes (feelings and beliefs) are reflected in their behaviors or actions.

Behavioral Intention

The motivational factors that predict an individual’s planned actions or behaviors, influenced by attitudes and perceptions.

Increases

The action of becoming or making something larger or more in quantity, size, or degree.