Which of the Following Is NOT Considered a Benefit of Industry

question 37

Multiple Choice

Which of the following is NOT considered a benefit of industry analysis?

• A) It can be a powerful tool to aid in a manager's strategic thinking.
• B) It recognizes how competitive forces are isolated and do not impact each other.
• C) It stimulates systematic thinking about strategic choices.
• D) It makes it easier to identify opportunities and threats within an industry.
• E) It can result in profitable changes to existing strategies.

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Definitions:

Symbolic Ethnicity

A form of ethnicity where attachment to certain ethnic traits occurs in a symbolic or superficial manner without the deep cultural practices.

Viking Outfit

A costume or attire replicating the clothing worn by the Vikings, historically recognized people from Scandinavia during the Viking Age.

Institutional Racism

A form of racism expressed in the practice of social and political institutions, embedded in policies, laws, and practices that harm certain racial groups.

WASPs

An acronym for White Anglo-Saxon Protestants, a sociocultural group in the United States characterized by their historical wealth, social status, and influence.