Multiple Choice
Business strategy defines
A) the way a firm competes in a particular industry or market.
B) how a firm gains a competitive advantage over its rivals within a specific industry or market.
C) both a and b.
D) neither a nor b.
Correct Answer:
Verified
Correct Answer:
Verified
Q35: The fundamental role of strategy is to<br>A)determine
Q36: Maximising shareholder value<br>A)is the sole objective of
Q37: As the environment becomes more turbulent, or
Q38: Corporate strategy is also called business strategy,
Q39: Profit-making firms are about creating value:<br>A)this value
Q41: In the twenty-first century strategy has become
Q42: The 1950s/60s style of corporate planning assumed
Q43: The shift from Corporate Planning to Strategy
Q44: Select the best answer. Modern business strategy
Q45: A sound strategy relies on four factors: