GLO-BUS FINAL EXAM TEST BANK LATEST ACTUAL EXAM QUESTIONS AND CORRECT DETAILED ANSWERS

GLO-BUS FINAL EXAM TEST BANK LATEST ACTUAL EXAM QUESTIONS AND CORRECT DETAILED ANSWERS
Question : The difference between a company's strategy
and a company's business model is that
CORRECT ANSWER: Its strategy is defined by the
specific market positioning, competitive moves, and
business approaches management employs to try to
produce good business results while its business model
relates to management's blueprint for delivering a
valuable product or service to customers in a manner that
will generate revenues sufficient to cover costs and yield
an attractive profit.
Question : A winning strategy is one that
CORRECT ANSWER: fits the company's internal and
external situation, improves company performance, and
helps achieve sustainable competitive advantage.
Question : Typically, a company's strategy is

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