Which of the Following Statements Best Describes Corporate Strategy

question 57

Multiple Choice

Which of the following statements best describes corporate strategy?

• A)It is an approach for creating competitive advantage within a single industry, market, or line of business.
• B)It refers to a firm's strategy of selling existing products to new customers.
• C)It refers to a firm's strategy of selling new services to new customers.
• D)It is an approach for creating value and competitive advantages through participation in several different industries and markets.

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Definitions:

Physical Effort

The exertion of physical energy by an individual to achieve a task or activity.

Metacommunication

Communication about communication, referring to all the nonverbal cues and contextual factors that convey additional meaning to the actual words spoken.

Verbal Communication

The process of conveying messages or information through spoken words.

Vocal Kinesic Message

Non-verbal communication conveyed through voice modulation and pitch, emphasizing the speaker's message beyond words.