Which Statement Concerning an Organisation's Strategy Is NOT True

question 144

Multiple Choice

Which statement concerning an organisation's strategy is NOT true?

• A)Strategy specifies how an organisation matches its own capabilities with the opportunities in the marketplace to accomplish its objectives.
• B)A good strategy will always overcome poor implementation.
• C)Management accountants provide input to help managers formulate strategy.
• D)Businesses usually follow one of two broad strategies: offering a quality product at a low price,or offering a unique product or service priced higher than the competition.

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Definitions:

Locus of Control

A psychological concept referring to the extent to which individuals believe they have control over the events that affect their lives.

Big Five Personality Dimensions

A model that describes human personality through five broad dimensions: openness, conscientiousness, extraversion, agreeableness, and neuroticism.

Internal Expectancies

Beliefs or anticipations about the outcomes of one's actions, which can influence behavior and motivation.

Evaluates

Evaluates involves making judgments about the value, quality, outcome, or significance of something or someone based on evidence and criteria.