Management Notes

Reference Notes for Management

Identifying the strategic issues and problems a company faces and compiling a worry list

Looking for the answer to the question below related to Management?

Identifying the strategic issues and problems a company faces and compiling a worry list

 Options:

A. without a precise fix on what problems/issues a company confronts, managers cannot know what the industry’s key success factors are.
B. the “worry list” sets the management agenda for taking actions to improve the company’s performance and business outlook.
C. without a precise fix on what problems/roadblocks a company confronts, managers are less clear about what value chain activities to benchmark.
D. the “worry list” helps company managers clarify their thinking about how best to modify the company’s value chain.
E. these issues and obstacles must be cleared before management can focus clearly on what is the best strategy for the company to pursue.

 

The Correct Answer Is:

  • B. the “worry list” sets the management agenda for taking actions to improve the company’s performance and business outlook.

 

Conclusion

I hope you got the answer to your question.

Leave a Comment