Which of the Following Is True About Strategy

question 16

Multiple Choice

Which of the following is true about strategy?

• A) Strategy is a general plan developed to reach short-term goals without any planning.
• B) Organizational strategy focuses only on the marketing and financial aspects of a business.
• C) Smaller organizations are more precise than large organizations in developing organizational strategy in order to meet their goals sooner.
• D) Strategy is actually the end result of strategic planning.
• E) Research and development are not a part of an organization's strategy.

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Definitions:

Tax Rate

The percentage at which an individual or corporation is taxed by the government.

Preference Shares

A type of stock that provides holders with priority over common stockholders in the distribution of dividends and assets upon liquidation.

Fair Value

The sum likely to be fetched for selling an asset or the expense incurred to pass on a liability, within a structured deal among participants in the market at the time of assessment.