The Best Indicator of How Well a Company's Strategy Is

question 50

Multiple Choice

The best indicator of how well a company's strategy is working is whether the company:

• A) is achieving its stated financial objectives,its financial performance equates to the industry average,and market share gains reflect short-term preferences for capacity maximization.
• B) is attentive to its poor execution in functional areas,business goals are stretch,and the value proposition has a product focus.
• C) is geared to initiatives designed to build market share and to promote corporate responsibility.
• D) is achieving its stated financial and strategic objectives,its financial performance is better than the industry average,and it is gaining customers and increasing its market share.
• E) is geared to initiatives to promote corporate social responsibility.

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Definitions:

Few Suppliers

A procurement strategy where a company relies on a small number of suppliers for the provision of certain goods or services, often to increase quality control and build strong relationships.

Postponement Technique

A supply chain management strategy that delays the final assembly or customization of a product until the latest possible time to reduce inventory costs and better match customer demand.

Reduction

The process of decreasing or lessening something in size, amount, or degree.

Early Customization

A strategy where a product is partially completed and then finished according to specific customer requirements closer to the time of purchase.