Every Strategy Needs

question 107

Multiple Choice

Every strategy needs

• A)a distinctive element that attracts customers and produces a competitive edge.
• B)to include similar characteristics to rival company strategies.
• C)to pursue conservative growth built on historical strengths.
• D)to employ diverse and sundry operating practices for producing greater control over sales growth targets.
• E)to mimic the plans of the industry's most successful companies.

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Definitions:

Cost-of-living Raises

Adjustments in salary or wages to counteract inflation, ensuring the purchasing power of an employee's income remains steady.

Equity

Refers to fairness or justice in the way people are treated.

Equality

The state of being equal, especially in status, rights, or opportunities, and often related to the fair treatment of individuals regardless of various differences.

Prosocial

Behaviors that are intended to help or benefit others.