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Exam (elaborations)
AOL Strategy exam 2023 with 100% correct answers
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Organizational Strategy - correct answerCompany policies to accommodate work and non-work Competitive advantage - correct answeran upper hand over other firms in an industry; the training practices that have helped them grow the business and improve customer service Types of Competitive Advantages (4) - correct answer1. firm's cost structure 2. product offerings 3. distribution network 4. customer support Sustainable competitive advantage - correct answerbetter than its competitors at something and able to hold that advantage over a sustained period of time Competitive strategy - correct answerLong-term action plan used to help a company gain a competitive advantage over its rivals
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