Question

Which of the following statements about a company’s strategy is true? Multiple Choice Crafting an excellent strategy is more important than executing it well. A company’s strategy deals with whether the revenue-cost-profit economics of its business model demonstrate the viability of the business enterprise as a whole. Strategy at its essence is about competing differently—doing what rival firms do not do or cannot do. Masterful strategies come partly (maybe mostly) by doing things in much the same way as the industry leader but then being better than the leader in one particular area that counts heavily with buyers. Whether a company’s strategy is ethical or not does not matter much because most customers and most suppliers are relatively unconcerned with whether a company they do business with engages in sleazy practices or turns a blind eye to below-board behavior on the part of its employees.

Answer 1

Answer:

A company’s strategy deals with whether the revenue-cost-profit economics of its business model demonstrate the viability of the business enterprise as a whole.

Explanation:

A company strategy is a business term that describes the view and set out paths into the future arrangement of a company, which focuses on the company's overall purposes, mission, and vision while considering the commodities to be produced, customers to serve, and the market to explore at large.

Hence, in this case, the statement about the company’s strategy that is true is "A company’s strategy deals with whether the revenue-cost-profit economics of its business model demonstrate the viability of the business enterprise as a whole."