Which of the Following Statements Best Define Strategy

question 79

Multiple Choice

Which of the following statements best define strategy?

• A) It describes how an organization can create value for its customers while differentiating itself from its competitors.
• B) It is an organization's ability to achieve lower costs relative to competitors through productivity and efficiency improvements, elimination of waste, and tight cost control.
• C) It is an organization's ability to offer products or services its customers perceive to be superior and unique relative to the products or services of its competitors.
• D) It describes how an organization motivates its employees to work for more hours without any increase in their wages.

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Definitions:

Self-Defeating Thoughts

Negative thoughts about oneself that reinforce personal failure or inadequacy.

Cognitive-Behavioral Therapy

A short-term psychotherapeutic treatment aiming to change patterns of thinking or behavior that contribute to people's difficulties, thus changing the way they feel.

Present Focus

The practice of being mentally and emotionally engaged in the current moment, often used as a mindfulness technique.

Rational Emotive Behavior Therapy

A form of psychotherapy that helps individuals identify and change irrational beliefs, reducing emotional pain and behavioral issues.