Question

Which of the following are primary strategy objectives?

1) Creating values
2) Strengthening relationships
3) Controlling costs
4) Maximizing sales

Answer 1

Creating values, Strengthening relationships, and Controlling costs are the primary strategy objectives.

Step-by-step explanation:

The primary strategy objectives among the given options are:

1. Creating values: This involves providing products or services that meet customer needs and offer them value. For example, a company may focus on creating innovative products that solve a problem for customers.
2. Strengthening relationships: Building strong relationships with customers, suppliers, and other stakeholders is important for long-term success. This can be done through excellent customer service, regular communication, and loyalty programs.
3. Controlling costs: Cost control is crucial for businesses to maximize profits. This involves analyzing expenses, finding ways to reduce waste, and optimizing operations.

Maximizing sales is also an important goal for many businesses, but it is not included in the primary strategy objectives in this case.