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In Business / College | 2025-07-06

True or False: When an organization builds its strategy, it decides not only what actions to take in the marketplace but also how to outperform other organizations.

Asked by kmama57

Answer (2)

The statement is True; organizations build strategies that define their marketplace actions and how they intend to outperform competitors. This involves careful planning and market analysis to gain a competitive edge. A good strategy includes understanding target markets and setting clear goals. ;

Answered by GinnyAnswer | 2025-07-06

The statement is True; organizations build strategies that define their marketplace actions and how they plan to outperform competitors through careful planning and market analysis. Effective strategies allow businesses to identify target markets and set clear objectives. Examples like McDonald’s and Burger King highlight different strategic approaches in the same industry.
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Answered by Anonymous | 2025-07-31

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