Despite the Theories and Tools for Analysing Strategic Position, Many

question 17

Multiple Choice

Despite the theories and tools for analysing strategic position, many major firms fail:

• A)Because the senior managers are too wedded to a former "recipe for success" which always worked in the past.
• B)Because they believe in their own unassailable position
• C)Because they fail to recognise that technology and/or customer needs have moved on
• D)Any of the above reasons - which is not an exhaustive set.

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Definitions:

Opponent-process Model

A psychological and neurological model that describes how contrasting emotions are regulated and balanced in the brain.

Bottom-up Processing

A cognitive approach where perception begins with stimuli originating in the environment, influencing our understanding from the basic sensory input toward more complex processing.

Structuralist Approach

A method in psychology that analyzes the basic elements of human thought and perception to understand the structure of the mind.

Inattentional Blindness

A psychological lack of attention not associated with vision defects or deficits resulting in the failure to notice an unexpected stimulus that is in one's sightline.