An organization responds to the structure of its industry by choosing a ________ strategy
A) competitive
B) growth
C) leadership
D) operational

Question

Quizplus · Accepted Answer

An organization's competitive strategy aims to establish and maintain a competitive advantage over its rivals in the industry. It includes actions such as cost-cutting, product differentiation, and innovation to stay ahead of the competitors. Thus, to respond to the structure of the industry, an organization should choose a competitive strategy.

An Organization Responds to the Structure of Its Industry by Choosing