A company's ________ strategy identifies how to build and strengthen the business's long-term competitive position in the marketplace.

Question

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A company's competitive strategy is focused on establishing and strengthening its competitive position in the market. This involves analyzing the competition, identifying strengths and weaknesses, and developing a unique value proposition that differentiates the company from its rivals. A company's competitive strategy is a critical component of its overall business strategy, as it helps to define how the company will compete and win in the marketplace.

A Company's ________ Strategy Identifies How to Build and Strengthen