Which Is True of Strategy

question 6

Multiple Choice

Which is true of strategy?

• A)Business strategy has few similarities with military strategy.
• B)Military principles can be completely applied in business.
• C) Militaries fight over territories, waters, and air spaces, firms compete in markets.
• D) None of the above.

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Definitions:

Regulatory Requirements

Rules and standards set by governmental or authoritative bodies that organizations must follow in their operations.

Public Sector Organizations

Entities that are part of the government structure, providing services to the public and funded by taxes.

Acquisition Process

The set of procedures involved in acquiring goods, services, or companies, including negotiation, purchase, and integration.

Purchased Materials

Items bought by a company for use in the manufacturing process or in the operation of the business.