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Question 16 1 pts When a company’s business strategy and technology strategy are balanced and business...

Question 16 1 pts When a company’s business strategy and technology strategy are balanced and business strategy is supported and enabled by technology, this situation is known as _______. Group of answer choices

differentiation

dynamic

convergence

technologically adjusted

alignment

business   Operations-Management   
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Answer #1

The correct answer is option C, i.e. When the business, as well as the technology strategy that is adopted by a company, is closely linked together the situation is referred to as convergence. The business strategy refers to the strategy that is utilized by a company in order to gain a competitive advantage in the market. When the technology that is available to the company enables this competitive advantage, the situation is that of convergence.

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