A company's strategy consists of:a. actions taken by managers in order to outperform competitors and achieve superior profitability. b. attitudes, values, beliefs, traits, routines, and behavioral norms that result in superior execution of day-to-day business operations. c. actions to compete against rivals and establish a transitory competitive advantage. d. offensive moves that a company deploys to develop a more appealing business model than its rivals. e. improving its existing product offering, irrespective of the changing and turbulent markets.

Question

Layla Baird

Business

2 November, 12:36

A company's strategy consists of:a. actions taken by managers in order to outperform competitors and achieve superior profitability. b. attitudes, values, beliefs, traits, routines, and behavioral norms that result in superior execution of day-to-day business operations. c. actions to compete against rivals and establish a transitory competitive advantage. d. offensive moves that a company deploys to develop a more appealing business model than its rivals. e. improving its existing product offering, irrespective of the changing and turbulent markets.

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Answers (1)

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Erick Fisher · Answer 1

The correct answer is letter "A": actions taken by managers in order to outperform competitors and achieve superior profitability.

Explanation:

The company strategy outlines all approaches and practices a firm intends to apply to achieve its objectives efficiently and effectively. It comprises the steps that must be followed to attempt to defeat competition based on the threats the company must have been able to identify while in project planning. The ultimate goal of the company strategy is to maximize the organization's revenue.