In Evaluating Proposed or Existing Strategies Managers Should

question 36

Multiple Choice

In evaluating proposed or existing strategies managers should

• A)initiate new initiatives even though they don't seem to match the company's internal and external situation.
• B)scrutinize the company's existing strategies on a regular basis to ensure they offer a good strategic fit, create a competitive advantage, and result in above-average performance.
• C)evaluate the firm's business model at least every three years.
• D)ensure core capabilities are incorporated for establishing a competitive advantage.
• E)align existing strategies with new strategies to emphasize incremental gains.

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Definitions:

Opinion Editorial

A written piece expressing the author's personal opinion on a subject, usually published in a newspaper or online platform.

CSR Initiatives

Programs or strategies implemented by companies to contribute positively to society, focusing on social, environmental, and economic aspects.

Nicaraguan Operations

Activities, business processes, or missions conducted in or related to Nicaragua, potentially by a business or non-profit organization.

Employee Newsletter

A publication distributed to employees within an organization containing news, updates, and information relevant to the workforce and company operations.