A company's strategy is most accurately defined as

the competitive maneuvers and business approaches that a company is using to maximize its profitability and increase the wealth of its shareholders.

managemeht's game plan for being highly profitable and having the biggest market share of any company in the industry.

the choices management has made in trying to execute its customer value proposition and its profit proposition.

the combination of competitive business approaches management is employing to increase revenues, reduce costs, and earn attractive profits.

management's commitment to pursue a particular set of actions in attracting and pleasing customers, competing successfully, capitalizing on opportunities to grow the business, responding to changing market conditions, conducting operations, and achieving the targeted financial and market performance.

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Expert Solution

Basically a company’s business strategy is the action plan which the business intends to implement, to fulfill the company’s business goals and objectives. The business strategy must be aligned to the vision, mission as well as the culture of the organization, so as to make it effective.

A company’s strategy is most accurately defined as the management’s commitment to pursue a particular set of actions in attracting and pleasing customers, competing successfully, capitalizing on opportunities to grow the business, responding to changing market conditions, conducting operations and achieving the targeted financial and market performance.

Answer: Option E

keosha answered 1 year ago

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