Which of the Following Statements Best Define Strategy

question 79

Multiple Choice

Which of the following statements best define strategy?

• A) It describes how an organization can create value for its customers while differentiating itself from its competitors.
• B) It is an organization's ability to achieve lower costs relative to competitors through productivity and efficiency improvements, elimination of waste, and tight cost control.
• C) It is an organization's ability to offer products or services its customers perceive to be superior and unique relative to the products or services of its competitors.
• D) It describes how an organization motivates its employees to work for more hours without any increase in their wages.

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Definitions:

Emotional

Pertaining to feelings or emotions, involving the ability to experience, communicate, and understand emotional states.

Behavioral

Relating to or concerned with the actions or activities of living organisms; often used to describe the study of behavior in psychology.

Affective Component

Refers to the emotional or feeling segment of an attitude, influencing how an individual feels about an object, person, or situation.

Attitude

An inclination within the psyche to judge an observed entity with a level of preference or aversion.