Question: Question 1 1 pts Strategy is a plan to achieve an objective. The authors argue that as part of its strategic plan a firm

Question 1 1 pts Strategy is a plan to achieve an objective.

Question 1 1 pts Strategy is a plan to achieve an objective. The authors argue that as part of its strategic plan a firm in an industry must seek to differentiate itself from its competitors because of which reason below: O to obtain a competitive advantage O it is necessary to achieve operational effectiveness O firms need a flexible strategic position to serve customers the competitive product space is a proxy for cost efficiency

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