Which of the Following Statements About a Company's Realized Strategy

question 20

Multiple Choice

Which of the following statements about a company's realized strategy is true?

• A) A company's realized strategy is mostly hidden to outside view and is deliberately kept under wraps by top-level managers.
• B) A company's realized strategy is typically planned well in advance and usually deviates little from the planned set of actions.
• C) A company's realized strategy generally changes very little over time unless a newly appointed CEO decides to take the company in a new direction with a new strategy.
• D) A company's realized strategy is typically a blend of deliberate/planned initiatives and emergent/unplanned reactive strategy elements.
• E) A company's realized strategy is developed mostly on the fly because of the constant efforts of managers to keep rival companies at a disadvantage.

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Definitions:

Operating Leverage

A measure of how revenue growth translates into growth in operating income, highlighting the fixed versus variable costs of a business.

Variable Costs

Costs that change in proportion to the level of goods or services that a business produces.

Straight-Line Depreciation

A technique for distributing the expense of a physical asset evenly over its lifespan on an annual basis.

Sewing Machines

Mechanical or electromechanical devices used to stitch fabric and other materials together with thread.