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A Large, Established Organization Pursues a Broad Range of Resources

question 84

Multiple Choice

A large, established organization pursues a broad range of resources in many niches. This company created a new niche in which a new firm could enter and survive. Which of the following strategies is most likely to be used by the organization that enters the newly created niche?


Definitions:

Self-Efficacy Beliefs

The conviction that one can successfully execute the behavior required to produce desired outcomes.

Performance Mastery

The process or achievement of gaining complete control or proficiency over a particular skill or area of performance.

Verbal Persuasion

The use of oral communication to convince or influence others to adopt a specific viewpoint or action.

Physiological State

The condition of the body's normal functions and processes, often in response to environmental or psychological factors.

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