Question

According to a Harvard Business Review article by Nohria and colleagues, of more than 200 management practices, there are four basic business practices that really make a difference in a company's performance. For example successful companies have clearly stated and focused ____________

Answer 1

Answer:

Strategies

Explanation:

To achieve strategic excellence in whatever a company does and how they approach their business, they have to be clear about what their strategy is and ensure their customers, employees and shareholders are aware of it consistently. It can be developed from a focused value proposition which stems from a certain knowledge about the company's target customers and a realistic appraisals of the company's capabilities.