Once a company has decided to employ one of the five basic competitive strategies, then it must also consider such additional strategic choices as:
(A):Whether and when to go on the offensive and initiate aggressive strategic moves to improve the company's market position.
(B):Whether to outsource certain value chain activities or perform them in-house.
(C):Whether to form strategic alliances and collaborative partnerships to add to its accumulation of resources and competitive capabilities.
(D):whether to integrate forward or backward into more stages of the industry value chain.
Therefore all of the given options are correct.
A Strategic management is a set of policies and procedures that a business uses to gain a competitive advantage in the market. Its the process of identifying and executing actions.
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