Whatever strategic approach is adopted by a company to deliver value, it nearly always requires
A. matching corporate identity with the corporate culture in order to integrate effort and build sales momentum.
B. performing value chain activities differently than rivals and building competitively valuable resources and capabilities that rivals cannot readily match.
C. constant efforts to thwart entry of new rivals and their attempts to create differentiated products with unit costs above price premium.
D. the identification of strengths and weaknesses within the company.
E. that management undertake formal planning sessions with functional departments to ensure productivity improvement.
Answer: B
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Indicate whether the statement is true or false
Accounting is an information and measurement system that does all of the following except:
A. Eliminates the need for interpreting financial data. B. Records business activities. C. Helps people make better decisions. D. Communicates business activities. E. Identifies business activities.
The stronger the agreement with and commitment to the achievement of the group’s ______, the higher the cohesiveness of the group.
a. strategy b. plan c. culture d. objectives
Which of the following is an example of a variable cost for a manufacturing firm?
A. The cost of factory supervision. B. The cost of rent on the factory. C. The cost of raw materials. D. The cost of depreciation on equipment.