This preview shows pages 7—9. Sign up to view the full content. This preview has intentionally blurred sections. Sign up to view the full version. This preview shows document pages 7 - 9. Sign up to view the full document. E none of these 42 a winning strategy is one that a. A winning strategy is one that: A winning strategy must pass which three tests? Which one of the following questions can be used to distinguish a winning strategy from a mediocre or losing strategy?
How good is the company's business model? Is the company a technology leader? Does the company have low prices in comparison to rivals? Is the company putting too little emphasis on behaving in an ethical and socially responsible manner?
How well does the strategy fit the company's situation? Which of the following questions tests the merits of the firm's strategy and distinguishes it as a winning strategy? Is the company's strategy ethical and socially responsible and does it put enough emphasis on good product quality and good customer service? Is the company putting too little emphasis on growth and profitability and too much emphasis on behaving in an ethical and socially responsible manner?
Is the strategy resulting in the development of additional competitive capabilities? Is the strategy helping the company achieve a sustainable competitive advantage and is it resulting in better company performance?
Does the strategy strike a good balance between maximizing shareholder wealth and maximizing customer satisfaction? Crafting and executing strategy are top-priority managerial tasks because: This is the end of the preview.
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