For a Strategist, Which of the Following Is NOT an Implication

question 113

Multiple Choice

For a strategist, which of the following is NOT an implication of effective strategic management?

• A) The difference between a firm's success and failure lies in its strategy.
• B) The principles of strategic management can be applied universally to all organizations.
• C) A firm's performance is determined by a set of independent factors, which includes firm and industry effects.
• D) It is necessary to maintain an awareness of key stakeholders and how they can affect or be affected by managerial actions.