Michael Porter Sees the Implementation and Attainment of Strategies as Consisting

question 20

Multiple Choice

Michael Porter sees the implementation and attainment of strategies as consisting of five steps.Which of the following is NOT one of the steps?

• A)Fit
• B)Uniqueness
• C)Operational efficiency
• D)Sustainability

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Definitions:

Receivable Accounts

Balances of money due to a company for goods or services provided that have not yet been paid by customers.

Collection Time

The average period that a company takes to collect payments from its customers after a sale has been made, impacting cash flow and liquidity.

Processing Delay

The time lag between the initiation and completion of a process, often seen in transaction processing or manufacturing operations.

Availability Delay

The lag between the deposit of a check and the moment the funds become available in the account.