Which One of the Following Does NOT Account for WHY

question 29

Multiple Choice

Which one of the following does NOT account for WHY a company's strategy evolves from one version to another?

• A) A need to promote stability and retain the status quo.
• B) The need to abandon some strategy elements that are no longer working well.
• C) A need to respond to changing customer requirements and expectations.
• D) A need to react to fresh strategic maneuvers on the part of rival firms.
• E) The proactive efforts of company managers to improve this or that aspect of the strategy.

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Definitions:

Annual Reports

Comprehensive reports on a company's activities throughout the preceding year, intended to give shareholders and other interested parties information about the company's financial performance.

Footnotes

Additional information provided in financial statements to clarify figures or add context for readers.

Cost Method

A valuation approach in accounting that assigns the initial purchase price to inventories or investments.

Treasury Stock

Shares of a company's own stock that it has reacquired from shareholders, but not retired, and are available for reissuance or other corporate uses.