Which of the following statements concerning an organization's strategy is true?
◦ Strategy specifies how an organization matches its own capabilities with the opportunities in the marketplace to accomplish its objectives.
◦ Cost accountants formulate strategy in an organization since they have more inputs about costs.
◦ A good strategy will always overcome poor implementation.
◦ Businesses usually follow one of two broad strategies: offering a quality product at a high price, or offering a unique product or service priced lower than the competition.