The Term "Strategy" Has Grown in Usage in a Variety

question 96

Multiple Choice

The term "strategy" has grown in usage in a variety of fields today.Which of the following is the best use of the term for this course?

• A) Competitive benchmarking to improve the firm's position
• B) The firm's efforts to gain and sustain competitive advantage
• C) Implementing a company-wide Six Sigma program to strategically lower costs
• D) Aligning with key corporations to form a competitive landscape of co-opetition

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Definitions:

Purpose

The reason for which something is done or created or for which something exists.

LinkedIn Profiles

Personalized pages on LinkedIn platform that summarize a user's professional experience, achievements, and skills.

Audience

The intended group of people for which a communication, performance, or work of art is intended.

Social-media Activities

Actions or engagements taken on social media platforms, including posting, sharing, commenting, and interacting with content.