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In MacPherson V

question 226

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In MacPherson v. Buick, where the wheel on a new Buick collapsed, causing the car to crash, injuring MacPherson, the court of appeals held MacPherson could sue Buick because:


Definitions:

Business Strategy

A plan of action designed to achieve a company's long-term goals and compete effectively in the market.

Environmental Strategy

A plan of action adopted by an organization to interact with its environment in a sustainable and beneficial manner, often with the goal of reducing negative environmental impact.

Functional Strategy

A specific approach taken by a department or unit within an organization to achieve its goals and contribute to the overall business strategy.

Operating Strategy

A plan that outlines how a business will use its resources to achieve its objectives and maintain competitive advantage.

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