Which of the Following Statements About Strategy Is Not True

question 17

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:

Supply Chain Management

The management of the flow of goods and services, involving the movement and storage of raw materials, of work-in-process inventory, and of finished goods from point of origin to point of consumption.

Coordinating Aspects

The elements or actions involved in organizing and harmonizing different parts or phases of a project or process to achieve a common objective.

Maximizing Productivity

The process of increasing the efficiency and effectiveness of operations to achieve the highest possible output or outcome.

State Employment Agencies

Government-run offices or organizations that provide employment services, including job listings, career counseling, and training opportunities to job seekers.