A firm's ________ is defined as its theory about how to gain competitive advantages.
A) objective
B) mission
C) vision
D) strategy

Question

Quizplus · Accepted Answer

A firm's theory about how to gain competitive advantages is called its strategy. The other options - objective, mission, and vision - are also important components of a firm's overall business plan, but they are not specifically related to competitive advantage.

A Firm's ________ Is Defined as Its Theory About How