Which of the Following Is Not One of the Basic

question 37

Multiple Choice

Which of the following is not one of the basic reasons that a company's strategy evolves over time?

• A) An ongoing need to abandon those strategy features that are no longer working well
• B) The proactive efforts of company managers to improve the company's financial performance and secure a competitive advantage
• C) The need on the part of company managers to make regular adjustments in the company's business model
• D) The need to respond to the actions and competitive moves of rival firms
• E) The need to keep strategy in step with changing industry and competitive conditions

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Definitions:

Net Operating Income

A financial metric that calculates the profit generated from a company's operations, excluding taxes and interest.

Net Operating Income

The profit generated from a company's everyday business operations, excluding expenses from interest and taxes.

Net Operating Income

A financial metric that calculates a company's profitability by subtracting operating expenses from gross profit.

Direct Labor Cost

The total cost of labor directly involved in the production of goods, including wages and benefits for the workers on the production line.