A company's strategy is increasingly effective the more it can match the company strategy to competitive conditions, so the firm can
A)pursue avenues that expose the firm to as many of the different competitive pressures as possible.
B)shift the competitive battle in favor of the firm by altering the underlying factors driving the five forces.
C)pursue ways to identify and complement the five forces' contradictions and inferences to attract competitive growth opportunities.
D)pursue avenues that promote strategic thinking about how to contest competitor strengths and weaknesses and to create a checklist of potential profitability preferences.
E)shift societal concerns, attitudes, and lifestyles by altering the pattern of competition.

Question

Quizplus · Accepted Answer

The most effective strategy for a company is to identify the underlying factors that affect the five competitive forces and shift the competitive battle in favor of the firm by altering those factors. This will help the company to create a unique and sustainable competitive advantage over its rivals. Pursuing avenues that expose the firm to as many different competitive pressures as possible (option A), complementing the five forces' contradictions (option C) or creating a checklist of potential profitability preferences (option D) may not necessarily align with the competitive conditions and may lead to a dilution of focus and resources. Option E is not a viable alternative as societal concerns and attitudes are beyond a company's control.

A Company's Strategy Is Increasingly Effective the More It Can