When considering competitive strategy, organizations must acknowledge that the threat of substitute products or services is due to rivalry among existing firms

The R&D Department of an organization __________.

A. is responsible mainly for updating current products offered by the organization B. has a minute impact of the success of the organization C. carries the responsibility for the future growth of the organization D. is the most important department of the organization

For a company to achieve strategic fit, it must accomplish the following keys:

A) All functional strategies must fit together to form a coordinated overall strategy. B) The different functions in a company must appropriately structure their processes and resources to be able to execute these strategies successfully C) The overall supply chain must operate at the lowest cost possible to achieve success. D) The design of the overall supply chain and the role of each stage must be aligned to support the supply chain strategy.