Analysis of the Industry's Profit Pool Enables Strategic Managers to

question 74

Multiple Choice

Analysis of the industry's profit pool enables strategic managers to

• A)predict future revenue streams for the organization.
• B)predict growth in sales over the medium to long range.
• C)determine whether an industry will be viable in the long term.
• D)locate the most promising areas of an industry's value chain.

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Definitions:

Psychological Contract

An unwritten commitment between employers and their employees that historically guaranteed job security and rewards for loyal service.

Job Security

The probability or likelihood that an individual will retain their job without the risk of becoming unemployed.

Exit Incentives

Benefits offered to employees to encourage voluntary departure, typically used by organizations looking to reduce workforce size.

Medium-Term

A period typically extending from one year to five years, often used to describe goals, planning, or investment horizons.