Three basic corporate strategies to creating value and achieving market stature are operational excellence, product leadership, and customer intimacy.

Question

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This statement is true. Operational excellence focuses on delivering products or services at a lower cost and with higher efficiency than the competition. Product leadership focuses on developing innovative and high-quality products or services that differentiate the company from its competitors. Customer intimacy focuses on building strong relationships with customers and tailoring products or services to meet their specific needs and preferences.

Three Basic Corporate Strategies to Creating Value and Achieving Market