What reason is cited by the authors for the difficulty is receiving approval for sustainability as a strategy?
A) Sustainability is not a classic strategy in the mold of quality, cost leadership, or flexibility.
B) Sustainability is too easily achieved and therefore does not provide a competitive advantage in the market.
C) In general, directors often need to see a demonstrable return on investment to justify the costs.
D) Sustainability is an inherently high-risk strategy and most boards are risk-averse.
C
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This type of question is used when the prospect's meaning is not clearly stated.
A. Redirect B. Curiosity C. Opinion D. Rephrasing E. Shock
Driving-forces analysis helps managers identify whether
A. it will become more or less important to aim the company's strategy at being the industry's low-cost producer. B. competitive advantages are likely to grow or diminish in importance. C. the driving forces will have a bigger impact on company profitability than competitive forces. D. the collective impact of the driving forces will act to increase/decrease market demand, increase/decrease competition, and raise/lower industry profitability in the years ahead. E. the industry is likely to become more or less vertically integrated and why.
The National Association of Insurance Commissions has developed standardized policies for medigap coverage
Indicate whether the statement is true or false.
A share of a company's profits paid to an investor is called a ________.
A. commission B. stock C. dividend D. return