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Management · Q286

Strategic Management

Graduate and Post Graduate · Management · question 286

Q286

If an organization is to survive, which of the following is most essential?

A.
Strong financial performance
B.
Committed employees
C.
High level of service
Answer
D.
Customer retention

Answer: Option C

Solution

Answer: Option C
Solution:
If an organization is to survive, High level of service is most essential. At the highest level, the minimum attributes that the customer/stakeholder expects in the service include: High quality, Customer friendly, Environmentally responsible, etc.