Which statement concerning an organisation's strategy is NOT true?
A) Strategy specifies how an organisation matches its own capabilities with the opportunities in the marketplace to accomplish its objectives.
B) A good strategy will always overcome poor implementation.
C) Management accountants provide input to help managers formulate strategy.
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.
Correct Answer:
Verified
Q51: Management accountants should have little or no
Q57: Companies can decide on an appropriate strategy
Q147: Managers and employees are internal stakeholders,while external
Q148: _ is an organisation's ability to offer
Q149: There are several approaches that assist in
Q150: In designing strategy,what must a company match
Q151: Complete a performance report for the
Q153: SWOT analysis entails:
A)an analysis of strengths,weaknesses,opportunities and
Q154: In forming strategy,senior management must first thoroughly
Q156: When competition is intense,there are strong potential
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents