The Conventional Model of Strategy Implementation in Mature Industries Suggests

question 3

Multiple Choice

The conventional model of strategy implementation in mature industries suggests that strategy is:

• A)Based on differentiation
• B)Cost-based
• C)Primarily reactive to remaining market opportunities
• D)Always flexible

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Definitions:

Effort

The physical or mental exertion applied in order to achieve something; often related to the intensity of work or study.

Outcome

An outcome is the result or effect of an action, decision, or situation, often analyzed to assess the success or failure of an endeavor.

Valence

In psychology, the value associated with a particular outcome or reward, influencing the motivation of an individual.

Expectancy

The belief or anticipation that a particular event or outcome will occur.