Which of the Following Was a Key Feature in Stephen

question 66

Multiple Choice

Which of the following was a key feature in Stephen Covey's book, The Seven Habits of Highly Effective People: Powerful Lessons in Personal Change?

• A) He analyzed 1,435 companies to understand why some companies reach high levels of sustained performance while other companies fail to reach greatness.
• B) He discussed "management by objective" MBO), by which a manager should be self-driven to accomplish key goals that link to organizational success.
• C) He focused on the strategic and organizational challenges confronting managers in multinational corporations.
• D) He discussed how a leader's success hinges on balancing between personal and professional effectiveness.
• E) He urged U.S. firms to fight their competition by refocusing their business strategies on several drivers of success: people, customers, values, culture, action, and an entrepreneurial spirit.

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Definitions:

Profits

The difference between the revenue a company earns from selling its products or services and its total costs.

Price Discrimination

The strategy of selling the same product at different prices to different groups of buyers.

Oligopoly

A market structure characterized by a small number of firms that hold a significant market share, leading to limited competition.

Price Discrimination

A pricing strategy where a business charges different prices to different customers for the same product or service, based on what the seller believes the customer is willing to pay.