Which of the following statements concerning an organization's strategy is NOT true?
A)Strategy specifies how an organization matches its own capabilities with the opportunities in the marketplace to accomplish its objectives.
B)Management accountants provide input to help managers formulate strategy.
C)A good strategy will always overcome poor implementation.
D)Businesses usually follow one of two broad strategies: offering a quality product at a low price, or offering a unique product or service priced higher than the competition.

Question

Quizplus · Accepted Answer

This statement is not true. A good strategy can still fail if it is poorly implemented. Implementation is a critical aspect of the success of a strategy, and it requires careful planning and execution. Therefore, it is essential to have a well-formulated strategy and effective implementation to accomplish the organization's objectives.

Which of the Following Statements Concerning an Organization's Strategy Is