Final answer:
The false statement about an organization's strategy is that a good strategy will always overcome poor implementation. Effective implementation is crucial for a strategy to be successful, and many companies succeed by focusing on a core competency. Option C is correct.
Step-by-step explanation:
The statement that is NOT true concerning an organization's strategy is: C) A good strategy will always overcome poor implementation. Strategy is vital for outlining how an organization aligns its capabilities with market opportunities to achieve its objectives. However, without effective implementation, even the best strategies can fail. Good strategy formulation must be paired with good execution for success.
Strategic planning involves considering internal capabilities and external opportunities but also requires thoughtful execution and monitoring. As the chess and politics examples illustrate, strategies must also take into account the strategies and potential actions of competitors and other external factors. Similarly, focusing on a core competency can often lead to greater success for businesses, as a more targeted approach allows them to leverage their strengths in the marketplace. Management accountants play a role by providing relevant data and analysis to aid in the formulation of strategic decisions.
Offering products at a low price or providing unique products at a higher price are not the only strategies businesses use, but they are common approaches that align with either cost leadership or differentiation strategies.