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To Increase Their Competitiveness, Organizations Must Continually Analyze Their Strategy

question 66

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To increase their competitiveness, organizations must continually analyze their strategy and their competitive environments. Strategy analysis includes:


Definitions:

Industrialization

The process of transforming economies from primarily agricultural to one based on the manufacturing of goods, involving technological innovation and the development of large-scale industrial production.

Human Ecology

A multidisciplinary field that studies the relationship between humans and their natural, social, and built environments.

Growth of Cities

The increase in size and population of urban areas, often due to migration from rural areas and the expansion of economic opportunities.

Peripheralization

The process of marginalizing a group or area, often economically or socially, making them peripheral or less central to the main focus of activity.

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