Question

"Which of the following is not something to look for in identifying a company strategy

A) Actions to enter new product segments or geographic markets or to exit existing ones.
B) Actions to respond or adjust to changing market and competitive conditions or other external factors.
C) Actions to strengthen the company's competitive position by hiring one or more new top executives or laying off a portion of its workforce or paying down its long-term debt.
D) Actions to compete more successfully and profitably by reducing unit cost below those of rivals and very likely charging lower prices.
E) Actions to diversify the company's revenue and earnings by entering new businesses.

Answer 1

The statement in option C) is not something to look for in identifying a company strategy.

Step-by-step explanation:

The statement in option C) "Actions to strengthen the company's competitive position by hiring one or more new top executives or laying off a portion of its workforce or paying down its long-term debt" is not something to look for in identifying a company strategy. While actions to hire new executives or lay off workers may be part of a company's strategic decisions, they are not directly related to identifying the overall company strategy. The company strategy focuses more on actions such as entering new markets, responding to market conditions, reducing costs, and diversifying revenue.