What Question Needs to Be Specifically Addressed While Developing a Business

question 8

Multiple Choice

What question needs to be specifically addressed while developing a business strategy?

• A)What business are we in?
• B)What business should we be in?
• C)What portion of our total resources should we devote to each business to achieve overall goals and objectives?
• D)What distinctive competencies can give the business unit a competitive advantage?

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Definitions:

Echinoderms

A phylum of marine animals known for their radial symmetry and include species such as starfish, sea urchins, and sea cucumbers.

Hermaphrodite

Animal that has both male and female gonads, either simultaneously or at different times in its life cycle.

Parthenogenetic

Relating to a form of reproduction in which an embryo is created without fertilization by a male, occurring in some plants, invertebrates, and rarely vertebrates.

Sperm

The male gamete or reproductive cell involved in sexual reproduction.