An Offensive Competitive Strategy Involves Positioning the Firm to Deflect

question 100

True/False

An offensive competitive strategy involves positioning the firm to deflect the effect of the competitive forces in the industry.

---

Definitions:

Sarbanes-Oxley Act of 2002

A U.S. federal law that established sweeping auditing and financial regulations for public companies to protect investors from fraudulent financial reporting.

Accounts Receivable

Money owed to a business by its clients or customers for goods or services that have been delivered or used but not yet paid for.

Security

A financial instrument representing an ownership position, a creditor relationship with a governmental body or a corporation, or rights to ownership as represented by an option.