Which of the Following BEST Describes a Business Strategy

question 68

Multiple Choice

Which of the following BEST describes a business strategy?

• A) A strategy for determining the firm's overall attitude toward growth and the way it will manage its businesses or product lines
• B) A strategy at the business unit or product line level that focuses on improving a firm's competitive position
• C) A strategy by which managers in specific areas decide how best to achieve corporate goals through productivity
• D) A strategy that assists first line managers in making day-to-day decisions about motivating employees
• E) A strategy that integrates an organization's marketing goals into a cohesive whole by focusing on the ideal product mix to achieve maximum profit potential

Understand the importance and components of a scholarly literature review in research reports.

Identify the role of editorial review and peer opinions in meeting scholarly standards.

Analyze the challenges of conveying research details through news media.

Discuss how scholarly writing can incorporate or exclude authors' biases and opinions.

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Definitions:

Domestic Corporation

A corporation located in the state in which it is incorporated.

Incorporated

A legal status indicating that a company has been registered under corporate laws and is recognized as a distinct legal entity separate from its owners.

Principal Place Of Business

The primary location where a business's executive offices and operations are conducted.

Articles Of Incorporation

The primary legal document used to officially form a corporation, outlining basic details like the company's name, structure, and purpose.