The Effectiveness of Any of the Generic Business-Level Strategies Is

question 59

Multiple Choice

The effectiveness of any of the generic business-level strategies is contingent on both:

• A) customer needs and competitors' strategies.
• B) the opportunities and threats in a firm's external environment and the strengths and weaknesses derived from the firm's resource portfolio.
• C) the trends in the general consumer base and the robustness of the global and industry economy.
• D) the firm's competitive scope and its competitive advantage.

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Definitions:

Systematic observation

A method of research involving careful and consistent observation of phenomena according to a plan or system.

Child-rearing

The process of supporting and promoting the emotional, physical, social, and intellectual development of a child from infancy to adulthood.

Systematic observation

A method of data collection where researchers observe and systematically record behavior according to a set protocol or code.

Naturalistic observation

A study technique where participants are examined in their usual surroundings with no intervention by the observer.