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Management · Q78

Strategic Management

Graduate and Post Graduate · Management · question 78

Q78

Which of the following is a key external factors that should be taken into account by a corporate strategy?

A.
economic conditions
B.
political conditions
C.
legal environments
D.
competition
Answer

Answer: Option D

Solution

Answer: Option D
Solution:
Competition is a key external factors that should be taken into account by a corporate strategy. Strategic competition is a commitment within an organization to make a very large change in competitive relationships.