________ Defines the Major Actions by Which an Organization Builds

question 72

Multiple Choice

________ defines the major actions by which an organization builds and strengthens its competitive position in the marketplace.

• A)Corporate strategy
• B)Strategic map
• C)BCG Matrix plan
• D)Situation analysis
• E)Business strategy

---

Definitions:

Banking Systems

Systems comprising institutions and protocols that enable financial transactions, savings, and investments across individuals and businesses.

Quota

A fixed, limited amount or number of something, such as goods or people.

Imported Merchandise

Goods or products that are brought into one country from another, subject to regulations and taxes by the importing country.

Competition

The rivalry between companies selling similar products and services with the goal of achieving revenue, profit, and market share growth.