The Basic Premise Behind Strategy Implementation Is That _____

question 25

Multiple Choice

The basic premise behind strategy implementation is that _____.

• A)boosting employee productivity is more important than effectiveness in production.
• B)short-term orientation is detrimental to an organization's economical success.
• C)external analysis and internal analysis should be performed during implementation.
• D)quality of resources is more important than the quantity of resources.
• E)the choice of organizational forms and structural forms make an economic difference.

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Definitions:

Machinery

Machinery encompasses machines and their components, which are used in industry or manufacturing to perform tasks, including vehicles, equipment, and factory machines.

Mark-up

Markup is the percentage difference between the selling price and the cost price of a product or service.

Selling Price

The amount of money for which a product or service is sold to the customer, which may include costs and markup.

Mark-up

Mark-up refers to the difference between the cost of a good or service and its selling price, expressed as a percentage over the cost.