Question

Which of the following are primary strategy objectives?

1) controlling costs
2) creating value
3) maximizing sales
4) strengthening relationships

Answer 1

The primary strategy objectives among the options provided are controlling costs, creating value, and strengthening relationships.

Step-by-step explanation:

The primary strategy objectives among the options provided are:

1. Controlling costs - This involves minimizing expenses and maximizing efficiency in order to improve profitability.
2. Creating value - This entails offering products or services that meet customers' needs and expectations, providing them with good value for their money.
3. Strengthening relationships - This refers to building and maintaining positive relationships with customers, suppliers, and other stakeholders to foster loyalty and support.

Maximizing sales, on the other hand, is a tactical objective that supports the overall strategy but is not considered a primary strategy objective in this context.