In Assessing and Choosing a Firm's Strategy, a Manager Will

question 66

Multiple Choice

In assessing and choosing a firm's strategy, a manager will usually find that benchmarking is:

• A)​Likely to be the most successful strategy.
• B)​Can be a valuable part of evaluating a firm's capabilities.
• C) ​Unimportant to any well-thought-out strategy.
• D) ​The surest way to dilute strengths and magnify weaknesses.

---

Definitions:

Carl Rogers

An influential psychologist known for his humanistic approach to psychology, emphasizing the importance of self-actualization, empathy, and unconditional positive regard in therapy.

Inferiority Complex

A psychological condition where a person feels a deep-seated sense of inadequacy or insufficiency, often leading to overcompensating behaviors.

Therapy

The treatment of mental or psychological disorders by psychological means.

Self-Efficacy

An individual's belief in their own ability to succeed in specific situations or accomplish a task.