Which of the Following Is True About Monetize Strategy

question 23

Multiple Choice

Which of the following is true about monetize strategy?

• A)It is an offensive strategy that is used to enter new attractive markets.
• B)It is a defensive strategy used in less attractive markets.
• C)It is a defensive strategy for exiting a market by selling or closing down the business.
• D)It seeks to improve a business's competitive position in an attractive segment of the market.
• E)It is used to protect an attractive market position in which the business dominates with respect to competitive position.

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Definitions:

Empower Subordinates

Giving authority or power to lower-level employees, enabling them to take initiative and make decisions.

Transformational Leadership Model

A style of leadership where leaders work with subordinates to identify needed change, creating a vision to guide the change through inspiration, and executing the change in tandem with committed members of a group.

Idealized Influence

A leadership style where the leader serves as a strong role model, inspiring respect and trust through a demonstration of high ethical standards.

Leader Substitutes

Factors in a work environment that diminish the need for a leader, such as highly knowledgeable teams or comprehensive work processes.