Question

A score of 3.67 is outstanding compared to a score of 1.59 that is well below average. What does the score of 3.67 imply about the firm's strategies? What does the score of 1.59 imply about the firm's strategies?

1) The firm's strategies may need changing quite little
2) The firm's strategies are not effective especially from an external perspective
3) The firm's strategies are outstanding
4) The firm's strategies are well below average

Answer 1

A score of 3.67 implies outstanding strategies, while a score of 1.59 implies strategies that are well below average.

Step-by-step explanation:

A score of 3.67 implies that the firm's strategies are outstanding. This score indicates that the strategies employed are highly effective and likely align with the company's goals. On the contrary, a score of 1.59 suggests the strategies of the firm are well below average. This could mean that the firm's strategies are not yielding the desired outcomes and may need to be significantly revised to improve performance.