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Which of the following is not a recognized element of corporate strategy?

A. Competitive advantage

B. Closure

C. Acquisition

D. Divestment

Answer: Option A

Solution(By Examveda Team)

Competitive advantage is not a recognized element of corporate strategy. Competitive advantage refers a company's ability to outperform rivals due to unique, high demand, or superior quality products or services.

This Question Belongs to Management >> Strategic Management

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