Which of the Following Questions Is NOT Pertinent to Company

question 24

Multiple Choice

Which of the following questions is NOT pertinent to company managers in thinking strategically about what directional path should be taken by the company and about developing a strategic vision?

• A) Is the outlook for the company promising if it continues with its present product offerings?
• B) Are changing market and competitive conditions acting to enhance or weaken the company's prospects?
• C) What business approaches and operating practices should we consider in trying to implement and execute our business model?
• D) What strategic course offers attractive opportunity for growth and profitability?
• E) What, if any, new customer groups and/or geographic markets should the company get in position to serve?

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Definitions:

Profit-Maximizing Condition

The state in which a firm's marginal cost is equal to its marginal revenue, aiming to achieve the highest possible profit.

Marginal Revenue Product

The increased earnings from adding one more unit of a resource used in production, such as capital or labor.

Marginal Revenue Product

The extra income created from the use of one additional unit of a production resource or input.

Acres

A unit of land area used in the imperial and US customary systems, equivalent to 4,840 square yards or approximately 4,047 square meters.