_____ Is a Plan of Action to Improve the Ability

question 38

Multiple Choice

_____ is a plan of action to improve the ability of each of an organization's functions to perform its task-specific activities in ways that add value to an organization's goods and services.

• A) Business-level strategy
• B) Divisional-level strategy
• C) Corporate-level strategy
• D) Departmental-level strategy
• E) Top-level strategy

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Definitions:

Absence Of Tariffs

A scenario where there are no taxes or duties imposed on imported or exported goods, often leading to more free trade between countries.

Dumping

A protectionist strategy in which a company sells its exports to another country at a lower price than it sells the same product in its domestic market.

Domestic Market

The market within a country's borders, where goods and services are traded or sold to local customers.

Gray Market Goods

Products that are sold through unauthorized channels, which, while not illegal, bypasses the manufacturer's official distribution channels.