Learning Path
Question & Answer
Choose the Best Answer
The advertising campaign is targeting the wrong audience
The product quality has improved significantly
Competitors have reduced their prices
The company has expanded into new markets successfully
Understanding the Answer
Let's break down why this is correct
Ads that reach people who do not need or want the product do not change buying habits. Other options are incorrect because Improving quality does not automatically bring new buyers unless the improvement is known and appealing to the right people; Competitors lowering prices is a separate issue that can hurt sales, but it does not explain why raising ad spend would still not win customers.
Key Concepts
Strategic Decision-Making
medium level question
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Deep Dive: Strategic Decision-Making
Master the fundamentals
Definition
Strategic decision-making involves evaluating alternatives and selecting the best course of action to achieve organizational goals. It requires analyzing data, forecasting outcomes, and considering long-term implications. Effective strategic decision-making is essential for sustainable growth and competitive advantage.
Topic Definition
Strategic decision-making involves evaluating alternatives and selecting the best course of action to achieve organizational goals. It requires analyzing data, forecasting outcomes, and considering long-term implications. Effective strategic decision-making is essential for sustainable growth and competitive advantage.
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