Which of the following statements about crafting a strategy to be competitively successful in the markets for action cameras and drones is accurate?

Whether a company is operating cost efficiently is not especially important in devising a successful and profitable strategy, so long as its sales$/$market shares of cameras $/$drones in the $4$ geographic regions are above the industry averages.

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 actions$/$efforts simply to respond to the shifting strategies and competitive efforts of rival companies trying striving to improve their overall performance.

GLO$-$BUS has a built$-$in bias that favors the company that operates most costefficiently$.$

In GLO$-$BUS, there are multiple strategic approaches and sets of competitive efforts$/$action that, if properly designed and well$-$executed, are capable of producing competitive success in the global market for cameras$/$drones$,$ provided they are not overpowered or thwarted by even more potent strategic approaches and competitive actions$/$efforts that are well$-$executed by rival companies.

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 P$/$Q ratings than any other rival company.