Which is true of strategy?
A) Business strategy has similarities with military strategy.
B) Military principles cannot be completely applied in business.
C) Militaries fight over territories, waters, and air spaces, firms compete in markets.
D) All of the above

Question

Quizplus · Accepted Answer

Business strategy indeed has similarities with military strategy as they both involve making plans and executing them to achieve goals. However, military principles cannot be completely applied in business as there are significant differences between them. While militaries fight over territories, waters, and air spaces, firms compete in markets. Therefore, all the given statements - A, B, and C - are true about strategy.

Which Is True of Strategy