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_____ is/are not a vehicle described in the business strategy diamond?

1) Suppliers
2) Competitors
3) Customers
4) Government

User Clea
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1 Answer

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Final answer:

Government is not a vehicle described in the business strategy diamond; suppliers, competitors, and customers are components of the strategy that relate to different aspects of the diamond model.

Step-by-step explanation:

When considering elements that are not a component of the business strategy diamond, the choices are suppliers, competitors, customers, and government. The business strategy diamond primarily consists of five parts: arenas, vehicles, differentiators, staging, and economic logic. Evaluating each option:

  • Suppliers can be considered part of the differentiators or economic logic, as they affect cost and quality.
  • Competitors could be part of the arenas or differentiators, as they influence where a company competes and how it sets itself apart.
  • Customers are central to the economic logic and differentiators, as they are the source of revenue and focus of value creation.
  • Government, while it can influence strategy, is not typically described as a 'vehicle' within the business strategy diamond concept.

Therefore, the answer is that government is/are not a vehicle described in the business strategy diamond.

User Zaher
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