In order to ensure that it has a competitive advantage over its competitors, a company decides to acquire a much smaller local company. The move is an example of a ________.
A) vision
B) business model
C) strategy
D) mission

Question

Quizplus · Accepted Answer

"Strategy" refers to a cluster of decisions concerning what organizational goals to pursue, what actions to take, and how to use resources to achieve these goals.

In Order to Ensure That It Has a Competitive Advantage