Which of the following statements about strategy and strategic positioning is false?
A. Many customers with broad needs can be a source of strategic position.
B. A company has to choose not only what strategy to follow but what strategy not to follow.
C. Few customers with broad needs can be a source of strategic position.
D. Strategy involves creating a "fit" among activities.
E. Few customers with narrow needs can be a source of strategic position.
E. Few customers with narrow needs can be a source of strategic position.
Three key principles underlie strategic positioning: (1) strategy is the creation of a unique and valuable position which emerges from three sources (few needs and many customers, broad needs and few customers, broad needs and many customers). (2) Strategy requires trade-offs in competing; a company has to choose not only what strategy to follow but what strategy not to follow. (3) Strategy involves creating a "fit" among activities.
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A) going concern B) verifiability principle C) entity concept D) materiality concept
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Indicate whether the statement is true or false
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What will be an ideal response?