A Company's Strategy Consists of

question 9

Multiple Choice

A company's strategy consists of

• A) the competitive moves and business approaches that managers are employing to grow the business, stake out a market position, attract and please customers, compete successfully, conduct operations, and achieve targeted objectives.
• B) the plans it has to outcompete rivals and establish a sustainable competitive advantage.
• C) the offensive moves it is employing to make its product offering more distinctive and appealing to buyers.
• D) the actions it is taking to develop a more appealing business model than rivals.
• E) its strategic vision, its strategic objectives, and its strategic intent.

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Definitions:

Present Value

The current value of a future amount of money or stream of cash flows, given a specified rate of return.

Effect On Sales

The impact or change in the volume of sales as a result of a specific action or market condition.

Collectible

Items that are valued and sought after by collectors due to their rarity, condition, beauty, or personal emotional connection.

Tangible Assets

Physical assets that can be seen and touched, such as buildings, machinery, and vehicles, in contrast to intangible assets like patents or trademarks.