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Management · Q61

Strategic Management

Graduate and Post Graduate · Management · question 61

Q61

Which of the following is not a recognized element of corporate strategy?

A.
Competitive advantage
Answer
B.
Closure
C.
Acquisition
D.
Divestment

Answer: Option A

Solution

Answer: Option A
Solution:
Competitive advantage is not a recognized element of corporate strategy. Competitive advantage refers a company's ability to outperform rivals due to unique, high demand, or superior quality products or services.