Questions: According to Michael Porter, the of a company's strategy refers to the way a company's activities interact and reinforce one another. "tradition" "fit" "advantage" "cost"

The answer is "fit".

Tradition refers to long-established customs or beliefs passed down through generations. It is not directly related to how a company's activities interact and reinforce one another in the context of strategy.

Fit, according to Michael Porter, is a crucial aspect of a company's strategy. It refers to how a company's activities are tailored to complement and reinforce each other, creating a cohesive and effective strategy. This alignment ensures that all parts of the business work together harmoniously to achieve strategic goals.

Advantage typically refers to a company's competitive edge over its rivals. While it is an important concept in strategy, it does not specifically address the interaction and reinforcement of a company's activities.

Cost refers to the expenditure required to produce goods or services. It is a critical factor in business operations but does not describe the way a company's activities interact and reinforce one another in the context of strategy.