Which of the following statement is true?
Statement I Setting benchmarks is important for strategy evaluation.
Statement II Strategic decisions are production relates decisions that are taken in accordance with the production.
Statement III Porter's five force model helps to gauge the level of competition existing in the industry
A. Both I and III
B. Both II and III
C. Both I and II
D. I, II and III
Answer: Option D
Related Questions on Strategic Management
Strategy is developed by the visionary chief executive in ___________ mode of strategic management
A. planning mode
B. adaptive mode
C. strategic mode
D. entrepreneurial mode
Stability strategy is a ____________ strategy
A. corporate level
B. business level
C. functional level
D. strategic level
What are the means by which long term objectives will be achieved?
A. Strategies
B. Policies
C. Strength
D. Opportunities
Marketing strategy is a ___________ type of strategy
A. business level
B. Growth strategy
C. corporate strategy
D. functional strategy
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