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

question 72

Multiple Choice

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

• A) customer needs and competitors' strategies.
• B) the firm's resources,capabilities,and core competencies and the opportunities/threats of the environment.
• C) product line scope and national economic conditions.
• D) management's leadership style and the wealth of the firm's target market.

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Definitions:

Psychology

The systematic examination of mental processes and actions, covering both the observable and the hidden aspects of consciousness and thinking.

Causation

The relationship between cause and effect, where one event (the cause) directly leads to the occurrence of another event (the effect).

Behaviour

The actions or reactions of an organism, often in response to its environment.

Behaviourism

A psychological approach that emphasizes the study of observable behavior and the role of environmental forces in shaping it, discounting mental states as primary causes of behavior.