Which of the Following Statements About Strategy Is NOT True

question 131

Multiple Choice

Which of the following statements about strategy is NOT true?

• A) Grandiose statements of desire, on their own, are not strategy.
• B) Strategy is as much about deciding what not to do, as it is about deciding what to do.
• C) Strategy is about creating superior value, while containing the cost to create it.
• D) Operational effectiveness and competitive benchmarking should be treated as strategy.

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Definitions:

Hypothesis Test

A statistical method used to determine whether there is enough evidence in a sample of data to infer that a certain condition holds true for a larger population.

Critical Value

A point on the scale of the test statistic beyond which we reject the null hypothesis; it is determined by the chosen significance level.

Commuted

The act of reducing a legal penalty or sentence, often referring to changing a prison sentence to one that is less severe.

Hypothesis

An initial theory put forward with partial evidence to guide subsequent research.