Good Strategy Execution Requires Which of the Following

question 26

Multiple Choice

Good strategy execution requires which of the following?

• A) Putting those resources and capabilities into place,strengthening them as needed,and then modifying them as market conditions evolve
• B) A universal business model to raise profits and lower costs
• C) Strengthening the competitive environment arena outside the company's operating territory
• D) A planned budget to protect the company's financial condition and eliminate wasteful use of cash
• E) Passive pressures stemming from the dominance of outside market buyers

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Definitions:

Export Subsidy

A government policy to encourage export of goods and services through direct payments, tax relief, or other financial incentives.

Net Welfare

The overall well-being of individuals or society, accounting for all benefits and costs, including those that are not traded in markets.

Economic Progress

The overall growth and improvement in an economy’s productivity, standards of living, and welfare over time.

Ad Valorem Tariffs

Tariffs based on a percentage of the value of the imported goods, used as a trade policy tool.