A Creative,distinctive Strategy That Sets a Company Apart from Rivals

question 22

Multiple Choice

A creative,distinctive strategy that sets a company apart from rivals and that gives it a sustainable competitive advantage

• A) is a reliable indicator that the company has a profitable business model.
• B) is every company's strategic vision.
• C) is a company's most reliable ticket to above-average profitability-indeed, the tight connection between competitive advantage and profitability means that the quest for sustainable competitive advantage always ranks center stage in crafting a strategy.
• D) signals that the company has a bold, ambitious strategic intent that places the achievement of strategic objectives ahead of the achievement of financial objectives.
• E) is the best indicator that the company's strategy and business model are well-matched and properly synchronized.

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Definitions:

Initiating Structure

A leadership behavior that emphasizes the organization of work, work roles, and work activities, focusing on task-oriented goals.

Consideration

In leadership, it refers to a style that emphasizes concern for the needs, feelings, and well-being of followers, often contrasting with task-oriented styles.

Trust Building

The process of developing confidence and reliability in relationships, crucial for successful teamwork and leadership.

Relationship Behaviors

Actions undertaken by individuals to establish, maintain, and enhance interpersonal relationships.