A Company's Strategy Consists of

question 51

Multiple Choice

A company's strategy consists of

• A)actions to develop a more appealing business model than rivals.
• B)plans involving alignment of organizational activities and strategic objectives.
• C)offensive and defensive moves to generate revenues and increase profit margins.
• D)competitive moves and approaches that managers have developed to grow the business,attract and please customers,conduct operations,and achieve targeted objectives.
• E)its strategic vision,its strategic objectives,and its strategic intent.

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Definitions:

Small Interest Group

A group of individuals or organizations that, despite its small size, seeks to influence public policy or corporate decisions based on specific common interests or concerns.

Inefficient Government Program

A public initiative that fails to achieve desired outcomes effectively, often due to misallocation of resources or administrative issues.

Logrolling

The practice of exchanging favors, especially in politics, by reciprocal voting for each other's proposed legislation.

Vote Trading

A strategy where individuals or parties exchange support for each other's preferred choices or policies, often seen in political contexts.