What separates a powerful strategy from a run-of-the-mill or ineffective one is
A) the ability of the strategy to keep the company profitable.
B) the proven ability of the strategy to generate maximum profits.
C) the speed with which it helps the company achieve its strategic vision.
D) management's ability to forge a series of moves, both in the marketplace and internally, that sets the company apart from rivals, tilts the playing field in the company's favor, and produces sustainable competitive advantage over rivals.
E) whether it allows the company to maximize shareholder value in the shortest possible time.

Question

Quizplus · Accepted Answer

The most important factor that separates a powerful strategy from an ineffective one is management's ability to design a strategic plan that creates sustainable competitive advantage by setting the company apart from rivals and tilting the playing field in the company's favor. A successful strategy must be effective in the marketplace and internally by producing long-term results that lead to profitability. Option A and E can be a part of a successful strategy, but they are not the primary factor. Option B might be suitable for a short-term strategy, but it is not an effective long-term strategy. Option C can also be important, but it is not the most critical factor in a powerful strategy. Therefore, option D is the best choice.

What Separates a Powerful Strategy from a Run-Of-The-Mill or Ineffective