Vidyalelo
Management · Q278

Strategic Management

Graduate and Post Graduate · Management · question 278

Q278

Strategy effectiveness and competitive success is dependent on which of the following groups of competencies?

A.
Change, planning, learning
B.
Content, change, planning
C.
Content, change, learning
Answer
D.
Learning, planning, content

Answer: Option C

Solution

Answer: Option C
Solution:
Strategy effectiveness and competitive success is dependent on Content, change, learning groups of competencies. Strategic success requires a clear understanding of the needs of the market, and the satisfaction of targeted customers more effectively and more profitably than by competitors. Real competitive advantage implies companies are able to satisfy customer needs more effectively than their competitors.