Which of the Following Is True About Business Strategies

question 116

Multiple Choice

Which of the following is true about business strategies?

• A) An organization should stick with its strategy for the life of the business.
• B) All firms within an industry will adopt the same strategy.
• C) Well defined missions make strategy development much easier.
• D) Strategies are formulated independently of SWOT analysis.
• E) Organizational strategies depend on operations strategies.

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Definitions:

Physical and Mental Health

Refers to the overall state of well-being involving both the body's physical condition and the mind's psychological and emotional state.

Routine Hassles

Minor day-to-day stresses or annoyances that, over time, can accumulate and affect one's overall mental and physical health.

Stress

Stress is a psychological and physiological reaction to demands that exceed an individual's resources or ability to cope.

Unpleasant Events

Occurrences that evoke negative emotions, such as sadness, anger, or fear.