Which of the Following Is an Implication for the Strategist

question 46

Multiple Choice

Which of the following is an implication for the strategist in the context of corporate governance and a company's success?

• A) Very few and specific corporate-governance mechanisms can be effective in addressing the principal-agent problem.
• B) Effective corporate governance and solid business ethics are critical to gaining and sustaining competitive advantage.
• C) Leading by ethical example often has a less strong effect on employee behavior than words.
• D) A firm that restricts its responsiveness to stockholders (and no other stakeholders) and keeps them committed to its vision will be successful.

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Definitions:

Brand Mark

A symbol or design that identifies a brand, making it distinguishable from others.

Packaging

Packaging involves the design and production of containers or wrappings for products, serving the dual purpose of protecting the product and communicating its value and brand identity to consumers.

Branding Strategy

A long-term plan for the development of a brand in order to achieve specific goals, including the establishment of identity and positioning in the market.

Brand Attributes

Characteristics that define the essence and distinctive personality of a brand, influencing how consumers perceive it.