In its early history, strategic management emphasized:
A)Strategic planning tools as the best way to achieve success
B)Corporate culture as the main determinant of competitive advantage
C)Cost advantage based on scale as the primary source of competitive advantage
D)Autocratic management style as most effective.

Question

Quizplus · Accepted Answer

In its early history, strategic management emphasized cost advantage based on scale as the primary source of competitive advantage. Strategic planning tools became more popular later on, and corporate culture and management style have also been recognized as important factors in achieving success. However, early strategic management theory focused primarily on achieving cost advantages through economies of scale.

In Its Early History, Strategic Management Emphasized