A company's choice to operate in a business or businesses and the ways in which it differentiates itself from its competitors is called its ________.
A)strategy
B)procedure
C)mission
D)process

Question

Quizplus · Accepted Answer

A company's strategy involves making choices about which businesses to operate in and how to differentiate itself from its competitors. Procedures and processes refer to specific methods or steps for completing tasks, while a mission statement typically outlines a company's purpose and values.

A Company's Choice to Operate in a Business or Businesses