Actions Firms Take to Gain Competitive Advantages by Operating in Multiple

question 67

Multiple Choice

Actions firms take to gain competitive advantages by operating in multiple markets or industries simultaneously are known as

• A) business-level strategies.
• B) corporate-level strategies.
• C) functional-level strategies.
• D) macro-level strategies.

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Definitions:

Delivery Persons

Individuals or workers responsible for the transportation and delivery of goods or documents to a specific location or recipient.

Negligent Infliction

A tort action for causing harm to another by failing to use reasonable care, resulting in psychological or physical injury.

Emotional Distress

A legal term for the psychological impact experienced by an individual due to another's action, which can sometimes lead to legal action for damages.

Substantial Factor Test

A legal standard used to determine causation, examining whether an action was a significant contributor to an event or injury.