Question

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Which of the following is not true about strategy?
A. It involves matching its capabilities with the opportunities in the marketplace to accomplish its objective.

B. It has a short-term focus.

C. It can be implemented through price competition or product differentiation.

D. It involves the use of strategic cost management.

Answer 1

The correct answer is B. It has a short-term focus. Strategy typically involves long-term planning and decision-making to achieve a company's objectives.

Step-by-step explanation:

The correct answer is B. It has a short-term focus. Strategy typically involves long-term planning and decision-making to achieve a company's objectives. It goes beyond short-term actions and considers the overall direction and scope of the organization.

For example, a company's strategy may involve finding new market opportunities, developing new products, or expanding into new geographic regions. These initiatives often take time and require a long-term perspective. Short-term focus is more aligned with tactics, which are immediate actions taken to achieve short-term goals.