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:

Misdemeanor

A criminal offense that is less serious than a felony and generally punishable by fines, penalties, or a short term in jail.

Negligent Liability

Legal responsibility for harm caused as a result of failing to act as a reasonable person would have acted under similar circumstances.

Certified Public Accountant

A professional accountant who has met certain education and licensing requirements and is qualified to perform accounting services for the public.

Financial Trouble

A situation where an individual or organization struggles to meet financial obligations due to insufficient funds or mismanagement.