Finding a way to create and capture value is part of:
A) business strategy.
B) cost control systems.
C) management control, but not general management.
D) allowing the market to run a company's future plans.

Question

Quizplus · Accepted Answer

Creating and capturing value is a key component of business strategy, which involves identifying opportunities to generate revenue and profit, and determining how to allocate resources to achieve these goals. Cost control systems and management control are important aspects of implementing strategy, but they do not encompass the entire strategic process. Allowing the market to dictate a company's future plans can be risky and may not necessarily lead to the creation and capture of value.

Finding a Way to Create and Capture Value Is Part