I. Which of the ollowing lader motivates nof established goals? a. Charismatic L
ID: 379538 • Letter: I
Question
I. Which of the ollowing lader motivates nof established goals? a. Charismatic Leaders b. Transformational Leaders c. Transactional leaders d. None of the above 2. Which of the following views that all conflict is harmful and must be avoided? a. Traditional View b. Interactional View c. Resolution Focused View d. None of the above 3. Which of the following encourages conflict to keep group fresh and excited? a. Traditional View b. Interactional View c. Resolution Focused View d. None of the above Which of the following group members have common characteristics? a. Command group b. Task group c. Interest group d. Friendship group 4. 5. Which of the following is informal group? a. Command group b. Task group c. Interest group d. All of the aboveExplanation / Answer
A company’s strategy can be braodly defined as competitive moves and business approaches employed by managers to attract and please customers. It is the plan to i) to grow the business ii) attract and please customers iii) Compete iv) operate v) and achieve targets
A sucessful strategy is based on competitive moves aimed at appealing customers in a way different to its competitors and carving out its position differently in market.
The essence of any strategy is the actions and plans to gain competive advantage over its competitors and strengthen its competitive position in market. A distinctive strategy that sets company apart from its rival yields a competitive advantage to the company. Competing with competitive advantage results in higher proftability than competiting with no competitve advantage. A competive advantage results in customer prefering its product over its rival and this basis of preference is maintained consistently over time. A strategy is good strategy when it produces competitve advantage which is sutainable and distinguished.
Thus company’s strategy is actually its quest for sustainable competitive advantage.