Glo-Bus Chapter 1 Exam Questions +
Verified Answers 100% correct, Update
2026
Which of the following statements about whether a company's
strategy can be considered ethical is true? -
correct answer ✅Just keeping a company's strategic actions within
the bounds of what is legal does not mean that all of its strategic
actions are also ethical.
A company's strategy is defined by -
correct answer ✅The specific market positioning, competitive
moves, and business approaches that form management's answer
to "What's our plan for running the company and producing good
results?"
It is normal for a company's strategy to end up being -
correct answer ✅a blend of proactive actions to improve the
company's competitiveness and financial performance and as-
needed reactions to unanticipated developments and fresh market
conditions.
A winning strategy is one that -
correct answer ✅helps the company achieve a sustainable
competitive advantage, results in better company performance and
fits the company's internal and external situation
Verified Answers 100% correct, Update
2026
Which of the following statements about whether a company's
strategy can be considered ethical is true? -
correct answer ✅Just keeping a company's strategic actions within
the bounds of what is legal does not mean that all of its strategic
actions are also ethical.
A company's strategy is defined by -
correct answer ✅The specific market positioning, competitive
moves, and business approaches that form management's answer
to "What's our plan for running the company and producing good
results?"
It is normal for a company's strategy to end up being -
correct answer ✅a blend of proactive actions to improve the
company's competitiveness and financial performance and as-
needed reactions to unanticipated developments and fresh market
conditions.
A winning strategy is one that -
correct answer ✅helps the company achieve a sustainable
competitive advantage, results in better company performance and
fits the company's internal and external situation
