A Company's ________ Strategy Identifies How to Build and Strengthen

question 7

Multiple Choice

A company's ________ strategy identifies how to build and strengthen the business's long-term competitive position in the marketplace.

• A) functional
• B) economic
• C) corporate-level
• D) horizontal
• E) competitive

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Definitions:

Population

The total number of people living in a specific area or country at a given time.

Net Domestic Product

The sum of the market value of all domestically produced goods and services in a country during a given time period, subtracting the loss in value from depreciation.

Indirect Business Taxes

Taxes levied on the production, sale, or consumption of goods and services, such as sales tax or value-added tax (VAT), indirectly paid by consumers.

Direct Taxes

Taxes that are levied directly on the income or wealth of an individual or organization, such as income tax and property tax.