All of the Following Statements Are TRUE About Strategy EXCEPT

question 66

Multiple Choice

All of the following statements are TRUE about strategy EXCEPT:

• A) There is no single best strategy; only strategies that are better than that of rivals.
• B) A strategy that has provided competitive advantages in the past will most likely do so in the future.
• C) Strategy must integrate and align each business unit.
• D) Performance metrics that measure effectiveness must aggregate upward and reflect overall company performance.

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Definitions:

Effortful Thinking

The process of thinking that requires conscious effort and attention, as opposed to automatic or instinctive thought processes.

Insight

is the capacity to gain an accurate and deep intuitive understanding of a person or thing, often leading to a breakthrough in problem-solving or comprehension.

Algorithm

A step-by-step procedure or formula for solving a problem or completing a task, often used in computing and mathematics.

Subgoals

Smaller, achievable objectives set as steps toward reaching a larger goal, facilitating problem-solving and task completion.