Identify the Action Point That a Firm Must Take When

question 25

Multiple Choice

Identify the action point that a firm must take when the market attractiveness is moderate and the competitive position is weak.

• A)attempt to expand without high risk or minimise investment and focus on operations
• B)invest to improve position only in areas where the risk is low
• C)emphasise profitability by increasing productivity and build up ability to counter competition
• D)seek ways to increase current earnings without speeding market's decline

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Definitions:

Fixture

An item of personal property that has become so closely associated with real property that it is legally regarded as part of that real property.

Personal Property

Any item of movable or intangible property owned by an individual that is not classified as real estate.

Tile and Carpeting

Flooring materials; tile refers to hard, durable materials like ceramic used for floors, and carpeting refers to thick, woven fabric coverings for floors.

Permanently Attached

Describes an item or fixture that is fixed securely to a property in such a way that its removal would cause damage to the property or the item itself.