In Order to Ensure That It Has a Competitive Advantage

question 65

Multiple Choice

In order to ensure that it has a competitive advantage over its competitors, Best Star, Ltd., decides to acquire the much smaller KAG, Inc. The move is an example of a

• A)vision.
• B)business model.
• C)strategy.
• D)mission.

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Definitions:

Effective Communication

The successful exchange of information, where messages are clearly delivered, received, and understood between parties.

Socializer

An individual who actively seeks out or enjoys participating in social activities with others.

Passive Communication

A style of communication where the individual fails to assert their own ideas or needs, often avoiding confrontation.

Group Size

The number of individuals constituting a group or team, which can influence dynamics, interaction, and outcomes.