Which of the Following Statements Is a Strategy Decision, Rather

question 156

Multiple Choice

Which of the following statements is a strategy decision, rather than an operational decision?

• A) "We will change the colors of our selection of shirts at the end of the season."
• B) "We will cut prices as needed to in order to protect our market share."
• C) "We will increase the number of training sessions for new sales associates from two to three."
• D) "We will hire a merchandising specialist this month to help remodel our older stores."
• E) "We will place a special ad in the Sunday newspaper promoting our upcoming sale."

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Definitions:

Penny Stock Reform Act

Legislation aimed at providing greater transparency and protection in the trading of low-priced, speculative securities known as penny stocks.

Market Reform Act

Legislation aimed at improving the regulation and functioning of financial markets, though the specifics can vary by country.

Shelf Registrations

A regulatory provision that allows an issuer to register a new issue of securities without having to sell the entire issue at once.

Off the Shelf

A term used to describe products available for immediate purchase and use, without the need for customization.