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

question 78

Multiple Choice

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

• A) customer needs and competitors' strategies.
• B) the match between the opportunities and threats in its external market and the strengths of its internal environment.
• 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:

Internal

Occurring or existing within an organization or entity.

External Control

The belief or perception that one's successes or failures result from external forces or the influence of others, rather than one's own efforts.

Feedback Control

A control that takes place after an action is completed.

Completed

The state of having finished or accomplished a task, project, or objective.