Which of the following is not something a company's strategy is concerned with?
A)Management's choices about how to attract and please customers
B)Management's choices about how quickly and closely to copy the strategies being used by successful rival companies
C)Management's choices about how to grow the business
D)Management's choices about how to outcompete rivals
E)Management's action plan for conducting operations and improving the company's strategic and financial performance

Question

Quizplus · Accepted Answer

Copying strategies being used by successful rival companies is not a proactive choice for a company's strategy. It is more reactive and lacking in originality. A company's strategy is concerned with attracting and pleasing customers, growing the business, outcompeting rivals, and developing an action plan for conducting operations and improving strategic and financial performance.

Which of the Following Is Not Something a Company's Strategy