Businesses That Lack Both Customer Knowledge and Competitor Knowledge,and Make

question 34

Multiple Choice

Businesses that lack both customer knowledge and competitor knowledge,and make competitive moves from an internal perspective with no real market knowledge are said to be working with a(n) ________ strategy.

• A)oblique
• B)inside-the-box
• C)reactive
• D)decentralization
• E)disintermediation

---

Definitions:

Korsakoff's Syndrome

A long-term memory condition resulting from a significant shortage of thiamine (vitamin B1), commonly linked to excessive alcohol consumption.

Eyewitness Identification

A process in criminal justice systems where victims or witnesses identify suspects through line-ups, photo arrays, or show-ups.

Recognition

The identification of a thing or person from previous encounters or knowledge.

Algorithm

A step-by-step procedure or formula for solving a problem.