Business Strategy Defines

question 40

Multiple Choice

Business strategy defines

• A)the way a firm competes in a particular industry or market.
• B)how a firm gains a competitive advantage over its rivals within a specific industry or market.
• C)both a and b.
• D)neither a nor b.

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Definitions:

Weapons

Tools or devices designed for inflicting harm or physical damage, used in conflict or hunting, ranging from simple implements to complex machinery.

Ethnic Rivalries

Conflicts and competition between different ethnic groups, often based on historical grievances, competition for resources, or ideological differences.

Yugoslavia

A former country in Southeast Europe, formed after WWI and comprised of several Slavic nationalities, which dissolved in the 1990s into multiple independent countries.

Iraq

A country in Western Asia, known for its rich history as part of ancient Mesopotamia, and more recently for its significant oil reserves and conflicts, including the Iraq War.