Which of These Is an Example of a Strategic Question

question 62

Multiple Choice

Which of these is an example of a strategic question at the corporate strategy level?

• A) "What should our next product be?"
• B) "How will we price our newest product?"
• C) "Should we set up more sales offices?"
• D) "In what industries and markets should we compete?"

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Definitions:

Depreciation

The accounting method of allocating the cost of a tangible asset over its useful life, reflecting wear and tear or obsolescence.

Maintenance

The routine tasks and repairs conducted to keep equipment, buildings, or machinery in working order and prevent its deterioration.

Utilities

Services provided to the public or households such as water, electricity, natural gas, sewage treatment, and telecommunications, often subject to government regulations and possibly eligible for tax deductions in certain business contexts.

Rental Expenses

Costs incurred in the operation, maintenance, and improvement of a property rented out, which can often be deducted for tax purposes.