What Separates a Powerful Strategy from a Run-Of-The-Mill or Ineffective

question 37

Multiple Choice

What separates a powerful strategy from a run-of-the-mill or ineffective one is:

• A) the ability of the strategy to keep the company profitable.
• B) the proven ability of the strategy to generate maximum profits.
• C) the speed with which it helps the company achieve its strategic vision.
• D) management's ability to forge a series of moves,both in the marketplace and internally,that sets the company apart from rivals,and produces sustainable competitive advantage.
• E) whether it allows the company to maximize shareholder value in the shortest possible time.

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Definitions:

Relatedness

In psychology, the need to engage in warm relations with others, considered a fundamental aspect of human motivation that influences behavior and mental health.

Autonomy

The capacity to make an informed, uncoerced decision independently.

Competence

The ability to do something successfully or efficiently, often linked to skills and knowledge in a specific area.

Approach-Avoidance Motivation

A psychological concept that describes the conflict involved when a person is faced with a choice or goal that has both attractive and unattractive aspects.