Question

Which of the following BEST describes a business strategy?

A) A strategy for determining the firm's overall attitude toward growth and the way it will manage its businesses or product lines

B) A strategy at the business unit or product line level that focuses on improving a firm's competitive position

C) A strategy by which managers in specific areas decide how best to achieve corporate goals through productivity

D) A strategy that assists first line managers in making day-to-day decisions about motivating employees

E) A strategy that integrates an organization's marketing goals into a cohesive whole by focusing on the ideal product mix to achieve maximum profit potential

Answer

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