Which Strategy Is Appropriate When an Organization Competes in an Industry

question 88

Multiple Choice

Which strategy is appropriate when an organization competes in an industry characterized by rapid technological developments?

• A)Product development
• B)Liquidation
• C)Market penetration
• D)Backward integration
• E)Retrenchment

Analyze the role of etiquette in maintaining workplace professionalism.

Understand the complexities of communication dynamics in a professional environment, including the coexistence of verbal and nonverbal elements.

Understand how personal appearance and behavior convey professionalism and business etiquette.

Identify appropriate conversation topics for business meetings and meals.

---

Definitions:

Situational Influences

External factors that affect consumer behavior at the time of purchase, such as physical environment, social surroundings, and time.

Selective Retention

The process by which individuals remember only information that reinforces their personal beliefs and attitudes, ignoring contradictory evidence.

Postpurchase Stage

The phase after purchasing a product or service where consumers may evaluate their decision, experience satisfaction or dissatisfaction, and engage in behavior such as feedback or repurchase.

Selective Perception

How individuals selectively focus on certain parts of media communications that resonate with their desires, while overlooking contrary opinions.