Business Strategy Game Test Questions and Answers

Which of the following is not among the choices and decisions a company makes in crafting its strategy How to boost the company's credit rating and stock price A company's strategy evolves from one version to the next as managers abandon obsolete or ineffective strategy elements, settle upon a set of proactive strategy elements, and then as new circumstance unfold-- make adaptive strategic adjustments, which gives rise to reactive strategy elements A winning strategy is one that fits the company's internal and external situation, improves company performance, and helps achieve sustainable competitive advantage Which of the following is not a frequently used strategic approach to setting a company apart from rivals, delivering superior value, achieving competitive advantage, and converting buyers into loyal customers? striving to be more profitable than rival and aiming for a competitive edge based on bigger profit margins Based on Figure 1.1 Which of the following is not something to look for in identifying a company's strategy actions to raise or lower the company's performance targets and actions to pay down the company's long-term deb