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28-10-2022
Business

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making comparisons between a firm and its most direct rivals is useful because firms within the same strategic industry group have strategies. a. the same b. similar c. different d. consistent

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contexto1005 contexto1005

01-11-2022

Making comparison between a firm and its most direct rivals is useful because firms within the same strategic industry group have similar strategies.

Because they operate in similar set of environment and face same set of challenges. A strategy is a long-term plan you create for your firm to achieve the ideal future condition you envision. A strategy encompasses your company's aims and objectives, the kinds of goods and services you intend to develop, the target market for your sales, and the clients you want to sell to. Simply said, the business model describes how an organization operates and creates value for its stakeholders. The business model that a company chooses to use to compete in the market is referred to as its strategy.

To learn more about similar strategies visit https://brainly.com/question/844033

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