Which One of the Following Strategy Formulation Tools Outlines the Primary

question 84

Multiple Choice

Which one of the following strategy formulation tools outlines the primary forces that determine competitiveness within an industry and illustrates how those forces are related?

• A)Porter's Model for Industry Analysis
• B)the BCG Growth-Share Matrix
• C)SWOT analysis
• D)the GE Multifactor Portfolio Matrix
• E)the Delphi technique

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Definitions:

Aschematics

Individuals who lack schema or mental representations in certain areas, leading to a neutral or indifferent attitude towards those subjects.

Confidence Level

The measure of one's belief in their own abilities or chances of success.

Possible Selves

The aspects of the self-concept that represent individuals’ ideas of what they might become, what they would like to become, and what they are afraid of becoming.

Cognitive Theorists

Psychologists who focus on how our mental processes like thinking, perception, and problem-solving influence our behavior.