A strategy is a manager's theory of how to compete; however,the theory is useless if it is NOT put into action.What is the translation of strategy that details the firm's competitive tactics and initiatives?
A) The business model
B) The business formula
C) The corporate model
D) The corporate formula

Question

Quizplus · Accepted Answer

Business models are the translation of strategy that details the firm's competitive tactics and initiatives.

A Strategy Is a Manager's Theory of How to Compete;