A company's competitive strategy deals with
A)management's game plan for securing a competitive advantage relative to rivals.
B)what its strategy will be in such functional areas as R&D,production,sales and marketing,distribution,finance and accounting,and so on.
C)its efforts to change its position on the industry's strategic group map.
D)its plans for entering into strategic alliances,utilizing mergers or acquisitions to strengthen its market position,outsourcing some in-house activities to outside specialists,and integrating forward or backward.
E)tweaking the value chain drivers to make them more cost competitive with rivals.

Question

Quizplus · Accepted Answer

A company's competitive strategy is specifically focused on management's plan to gain a competitive advantage over its rivals. While the other options may be relevant factors in a company's overall strategy, they are not necessarily the defining characteristics of competitive strategy.

A Company's Competitive Strategy Deals with