_____ Is a Discrepancy Between a Company's Intended Strategy and the Strategic

question 75

Multiple Choice

_____ is a discrepancy between a company's intended strategy and the strategic actions managers take when actually implementing that strategy.

• A)Competitive inertia
• B)Differentiation discrepancy
• C)Competitive dissonance
• D)Cstomer inertia
• E)Strategic dissonance

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Definitions:

Market Price

The current price at which a good or service can be bought or sold in a marketplace, determined by supply and demand.

Firm's Willingness

The degree to which a company is prepared to produce goods or services at a certain price.

Market Price

The price at which a product or service is sold in the open market.

Consumer Surplus

The gap between the price consumers are prepared to pay for a product or service and the actual amount they spend, indicating the value gained by consumers.