The Most Important Aspect(s)of a Company's Business Strategy

question 50

Multiple Choice

The most important aspect(s) of a company's business strategy

• A)are the actions and moves in the marketplace that managers take to gain a sustainable competitive advantage.
• B)is figuring out how to maximize profits and shareholder value.
• C)concerns how to improve the efficiency of its business model.
• D)deals with how management plans to maximize profits while,at the same time,operating in a socially responsible manner.
• E)is figuring out how to become the industry's low-cost provider.

---

Definitions:

Equal Employment Opportunity Commission

A U.S. federal agency that administers and enforces civil rights laws against workplace discrimination.

Clarence Thomas

An Associate Justice of the Supreme Court of the United States, known for his conservative judicial positions and for being the second African American to serve on the Court.

Democratic Candidate

A political candidate who is a member of the Democratic Party, one of the two major political parties in the United States.

Black Voters

African American individuals participating in the electoral process, whose engagement has been historically shaped by struggles for civil rights and equality.