alleryStart learning →What is the aim of interpretive strategy in Chaffee's scheme?
ALowest cost per unit of output
BCredibility with stakeholders
CHighest possible market share
DFastest possible plant output
Answer & Solution
Correct answer: B. Credibility with stakeholders
Interpretive strategy uses symbols and language to win credibility with stakeholders.
Keep practising Strategic Management
Browse all Strategic Management questions for CA Inter, or explore more Strategic Management topics.
Related questions
In which year did Porter describe the value chain?Which of Porter's four elements is internal?Which activity is analytical and produces data used as input for strategic thinking?Mintzberg held that strategic thinking is more about which activity than analysis?Which technique builds several possible outcomes, per Schwartz?Goold, Campbell and Alexander proposed which corporate-level parallel to competitive advanWhich Porter concept means buying a firm and replacing its management?Which activity forms part of Porter's value chain?