Analysis of the Industry's Profit Pool Enables Strategic Managers to

question 74

Multiple Choice

Analysis of the industry's profit pool enables strategic managers to

• A)predict future revenue streams for the organization.
• B)predict growth in sales over the medium to long range.
• C)determine whether an industry will be viable in the long term.
• D)locate the most promising areas of an industry's value chain.

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Definitions:

Experience

The knowledge or skill acquired by a person through direct participation in events or activities over a period of time.

Cognitive Learning

A type of learning that involves mental processes like thinking, knowing, and problem-solving.

Language

A form of interaction prevalent within a specific society or nation, marked by the organization and standard use of words.

Experience

The knowledge or skill acquired through involvement in or exposure to events, situations, or activities over time.