A Set of Actions That a Firm Takes to Achieve

question 16

Multiple Choice

A set of actions that a firm takes to achieve a goal, such as maximizing profits, is called

• A)a business strategy.
• B)a payoff matrix.
• C)the Porter's Competitive Forces plan.
• D)game theory.

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Definitions:

Anxiety

Anxiety is a mental health disorder characterized by feelings of worry, anxiety, or fear that are strong enough to interfere with one's daily activities.

Realistic

Pertaining to the acceptance and representation of things as they are, often in art and literature, or having practical expectations.

Free-Floating Anxiety

Anxiety that is unrelated to any specific and known cause.

Mood Disorders

Disorders in which mood is severely disturbed.