Strategic Planning and Competitive Advantage Quiz

To increase market share (correct)

To enhance customer satisfaction

To improve employee morale

To reduce costs

To reduce operational costs

To increase profitability (correct)

To expand into new markets

To improve product quality

It increases competition in the market

It requires significant financial investment

It can dilute the company's focus (correct)

It often leads to conflicts among employees

<p>Different business strategies</p> Signup and view all the answers

<p>To achieve higher revenue and profit</p> Signup and view all the answers