One Important Indicator of How Well a Company's Present Strategy

question 78

Multiple Choice

One important indicator of how well a company's present strategy is working is whether

• A)it has more core competencies than close rivals.
• B)its strategy is built around at least two of the industry's key success factors.
• C)the company is achieving its financial and strategic objectives and whether it is an above-average industry performer.
• D)it is customarily a first-mover in introducing new or improved products (a good sign)or a late-mover (a bad sign).
• E)it is subject to weaker competitive forces and pressures than close rivals (a good sign)or stronger competitive forces and pressures (a bad sign).

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Definitions:

Reliability

The consistency and dependability of a measure or test over time, ensuring that similar results are achieved under consistent conditions.

Standard Deviation

A statistical measure of the dispersion or variation in a set of values, indicating how much individual data points differ from the mean value.

Construct Validity

The extent to which a test measures what it claims to measure, representing the accuracy of the construct being assessed.

Standardize

The process of making something conform to a standard, often to ensure consistency and comparability between different instances or measures.