In Evaluating Proposed or Existing Strategies Managers Should

question 36

Multiple Choice

In evaluating proposed or existing strategies managers should

• A)initiate new initiatives even though they don't seem to match the company's internal and external situation.
• B)scrutinize the company's existing strategies on a regular basis to ensure they offer a good strategic fit, create a competitive advantage, and result in above-average performance.
• C)evaluate the firm's business model at least every three years.
• D)ensure core capabilities are incorporated for establishing a competitive advantage.
• E)align existing strategies with new strategies to emphasize incremental gains.

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Definitions:

Gauge

A measure of the thickness or size of various items, like wire or body piercing jewelry, or a device for measurement.

Measurable Dose

A quantity of a substance, especially a medicine, that can be accurately measured and is suitable for administration.

10-mL Syringe

A syringe that can hold up to 10 milliliters of fluid, often used for medical injections or to measure medications accurately.

mL

Milliliters, a metric unit of volume equal to one thousandth of a liter, commonly used to measure liquid quantities.