BSG Midterm Exam 1 (Answered) Verified Solution 100%

A company's strategy represents managerial commitment to undertake one set of actions rather than another in an effort to compete successfully and achieve good performance outcomes. There are many routes to competitive advantage, but they all involve providing buyers with what they perceive as superior value compared to the offerings of rival sellers. Which one of the following statements about whether a company's strategy can be considered ethical is true? just keeping a company's strategic actions within the bounds of what is legal does not mean the strategy is ethical. Among all the things managers do, nothing affects a company's ultimate success or failure more fundamentally than how well its management team charts the company's direction, develops competitively effective strategic moves and business approaches, and pursues what needs to be done internally to produce good day-in/day-