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:

Leader-follower Centered Perspective

A viewpoint focusing on the dynamic relationship between leaders and followers, emphasizing how they influence each other.

Organizational-centered Perspective

An approach that emphasizes the goals, values, and needs of the organization as a whole rather than those of individuals.

Human Skills

Competencies and abilities that enable individuals to interact effectively and harmoniously with other people.

Working with People

The act of engaging, cooperating, and interacting with individuals or groups in various contexts, focusing on communication and collaboration.