Successful business strategies generate value. Creating value lays the foundation for the important benefits that economies can

Question

Roman55 [17]

2 years ago

15

Successful business strategies generate value. Creating value lays the foundation for the important benefits that economies can

provide. Superior performance allows the firm to.

Business

1 answer:

olya-2409 [2.1K] · Answer 1 · 2023-01-05T16:09:10+03:00

The main thing which superior performance allows a firm to do is:

reinvest some of its profits in gaining more resources and thus grow.

<h3>What is Business Strategy?</h3>

This refers to the creation and maintenance of competitive advantage of a particular market against other competitors which gives a particular business an edge in the market.

With this n mind, we are told that successful business strategies generate value and then if they are able to leverage on this, then they can reinvest the profits.

Read more about business strategies here:
brainly.com/question/25686320