A strategy is ________.
A) two or more things functioning together to produce a result not independently obtainable
B) that which orients the entire organization toward the pursuit of its mission
C) the desired result that a firm envisions, plans, and commits to achieve
D) day-to-day activities and tasks that need to get done to accomplish a desired goal
E) a result, end, mean, aim, or goal of an action intentionally undertaken
Question 2
Which of the following is an example of a tactic?
A) distributing products through a network of wholly-owned retail stores
B) divesting all manufacturing, assembly, and distribution and becoming a communication and sales organization to promote the sale of products
C) launching a new product line that is designed to meet the needs of new consumer groups
D) offering products at a discount sale price for a short period of time to stimulate demand or win market share
E) restructuring the entire value chain both inside and outside the firm to support a low-cost leadership position for the long run
Guttation, the result of root pressure.
Furchgott's discovery that endothelial cells produce a vasodilating substance.
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