Which of the following statements about a company’s strategy is false? 1. a comp

Question

Which of the following statements about a company’s strategy is false?

1. a company’s strategy is driven partly by management analysis and choice and partly by the necessity of adapting and learning by doing

2.company’s strategy is more likely to produce a durable competitive over rivals if it is focused on building competitively valuable expertise and capabilities that are difficult to match

3. a company’s strategy is based partly on proactive actions by management to improve market position and financial performance and partly on reactions by management to unanticipated market developments and moves by rivals

4. a company’s strategy is chosen within a narrow range of strategic options since all industry competitors face the same market conditions and competitive pressures and, therefore, have to cope with them using similar strategies

5. a company’s strategy is a work in progress, not a one-time management exercise

Explanation / Answer

The answer is given below:

4. a company’s strategy is chosen within a narrow range of strategic options since all industry competitors face the same market conditions and competitive pressures and, therefore, have to cope with them using similar strategies.

The company have different strategic policies and the company need not to be cope up of using similar strategies even when the market condition is same.

Related Questions

Navigate

• Browse (All)
• Browse W
• Subjects

Integrity-first tutoring: explanations and feedback only — we do not complete graded work. Learn more.