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Which of the following statements about crafting a strategy to be competitively successful in the markets for action cameras and So long as a company
Which of the following statements about crafting a strategy to be competitively successful in the markets for action cameras and So long as a company is profitable, there is no compelling need for its managers to make changes or adjustments in the company's strategy and competitive actionsefforts simply to respond to the shifting strategies and competitive efforts of rival companies trying striving to improve their overall performance. In GLOBUS, there are multiple strategic approaches and sets of competitive effortsaction that, if properly designed and wellexecuted, are capable of producing competitive success in the global market for camerasdrones provided they are not overpowered or thwarted by even more potent strategic approaches and competitive actionsefforts that are wellexecuted by rival companies. Whether a company is operating cost efficiently is not especially important in devising a successful and profitable strategy, so long as its salesmarket shares of cameras drones in the geographic regions are above the industry averages. The most powerful strategy and competitive approach a company can employ is always one of pursuing a competitive advantage keyed to producing and marketing action cameras and UAV drones with higher PQ ratings than any other rival company. GLOBUS has a builtin bias that favors the company that operates most costefficiently.
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