The overall concept for how a company organizes itself,outperforms competitors,and earns superior returns for shareholders is called:
A) Value creation
B) Management by objectives
C) Opportunity recognition
D) Strategy

Question

Quizplus · Accepted Answer

The overall concept for how a company organizes itself, outperforms competitors, and earns superior returns for shareholders is called strategy. Value creation, management by objectives, and opportunity recognition are all important components of a company's strategy, but strategy is the overarching concept that ties all of these together.

The Overall Concept for How a Company Organizes Itself,outperforms Competitors,and