Which of the Following Is Not One of the Basic

question 16

Multiple Choice

Which of the following is not one of the basic reasons that a company's strategy evolves over time?

• A) The need on the part of company managers to initiate fresh strategic actions that boost employee commitment and create a results-oriented culture.
• B) The proactive efforts of company managers to fine-tune and improve one or more pieces of the strategy.
• C) An ongoing need to abandon those strategy features that are no longer working well.
• D) The need to respond to the actions and competitive moves of rival firms.
• E) The need to keep strategy in step with changing market conditions and changing customer needs and expectations.

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Definitions:

Inventory Management

The process of ordering, storing, using, and selling a company's inventory.

Inventory Value

The total cost or market value of all the goods held by a company intended for sale.

Monetary Incentive

A financial reward given to employees, customers, or other stakeholders to motivate specific behaviors or outcomes.

Cash Discount

A reduction in the amount owed by a customer if payment is made within a specified period.