A competitive strategy of an organization determines its ________.
A) industry rivals
B) short-term goals
C) value chains
D) structure

Question

Quizplus · Accepted Answer

A competitive strategy determines the organization's value chain, which includes activities involved in delivering value to customers, such as marketing, logistics, and operations. Industry rivals and structure are factors considered when developing a competitive strategy, but they are not determined by it. Short-term goals may be influenced by the competitive strategy, but they are not determined by it either.

A Competitive Strategy of an Organization Determines Its ________