If a Company Is Working on Strategic Positioning, What Aspect

question 22

Multiple Choice

If a company is working on strategic positioning, what aspect of the firm is being developed?

• A)How the firm is perceived by its external environment, its competitors, and customers.
• B)Where the firm's physical plants, buildings, and warehouses will be located.
• C)The firm's position on important issues, such as the environment and government regulations.
• D)Which competitive strategy the firm will use to achieve a sustainable competitive advantage.

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Definitions:

Service Industry

The sector of the economy that provides intangible goods or services to consumers, as opposed to the production of tangible goods.

Tandem Drive

A drive system using two separate power sources or motors working together to provide propulsion or increase the vehicle's capability.

Highway Tractor

A type of heavy-duty vehicle designed primarily for hauling trailers over long distances on highways.

Tandem Drive

Tandem drive refers to a vehicle configuration where two sets of drive axles are arranged in a row, commonly seen in heavy-duty trucks, to distribute weight and increase traction.