Strategy Execution

question 54

Multiple Choice

Strategy execution

• A)consists of choosing among broad or narrow low-cost and differentiation strategies to compete against one's rivals.
• B)involves selecting a capable management team.
• C)requires revamping the value chain in order to maximize operating efficiency.
• D)requires deciding which core competencies and value chain activities to leave as is and which ones to overhaul and improve.
• E)depends on management's ability to direct organizational change.

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Definitions:

Multiple Regression Model

A statistical technique that models the relationship between a dependent variable and two or more independent variables.

Independent Variables

Variables in an experiment or model that are manipulated to observe their effect on dependent variables.

Life Expectancy

Life expectancy is a statistical measure of the average time an organism is expected to live, based on factors like the year of their birth, their current age, and demographic factors.

Multiple Regression

A technique in statistics for using multiple independent factors to predict the behavior of a response variable.