Which of the Following Questions Tests the Merits of the Firm's

question 6

Multiple Choice

Which of the following questions tests the merits of the firm's strategy and distinguishes it as a winning strategy?

• A) Is the company's strategy ethical and socially responsible and does it put enough emphasis on good product quality and good customer service?
• B) Is the company putting too little emphasis on growth and profitability and too much emphasis on behaving in an ethical and socially responsible manner?
• C) Is the strategy resulting in the development of additional competitive capabilities?
• D) Is the strategy helping the company achieve a sustainable competitive advantage and is it resulting in better company performance?
• E) Does the strategy strike a good balance between maximizing shareholder wealth and maximizing customer satisfaction?

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Definitions:

Statutes

Laws established by a legislative body to regulate, authorize, sanction, grant, declare, or restrict.

Ethical Decisions

Choices made based on moral principles and values, considering what is right and fair for all involved parties.

Entrepreneurs

Individuals who initiate, manage, and accept the risks of a business venture in order to make a profit.

Ethical Decisions

Ethical decisions are choices made based on moral principles and values, aimed at doing what is right and beneficial for the majority, often involving considerations of fairness, justice, and respect for others.