A Company Changes Its Strategy to Be More "Lean" and Efficient,which

question 13

Multiple Choice

A company changes its strategy to be more "lean" and efficient,which may include some resizing in terms of employee strength.What should the company do about the compensable factor "scope of responsibility" that is measured by the number of subordinates?

• A) Nothing, since the factor has no effect on strategy.
• B) Change the factor name to "depth of responsibility" and measure it the same.
• C) Remove the factor.
• D) Reduce the weight of the factor.

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Definitions:

Traditional Retail Outlets

Physical stores that sell products directly to customers in a face-to-face environment, as opposed to online or digital channels.

Channel Focus

A business approach that emphasizes optimizing and prioritizing marketing and distribution through specific channels to reach the target audience effectively.

Food Retailers

Businesses that sell food directly to consumers, including supermarkets, grocery stores, and specialty food shops.

General Merchandise Retailers

Retail stores that sell a wide variety of products across different categories, often including clothing, home goods, and food items.