When Considering Acceptable Alternative Strategies, the Most Important Criterion Is

question 103

Multiple Choice

When considering acceptable alternative strategies, the most important criterion is the ability of the proposed strategy to deal with

• A)the prospects of ensuring profitable return on investment.
• B)the specific strategic factors developed in the S.W.O.T. analysis.
• C)defining the competitive environment in which the firm is competing.
• D)the future long-term prospects of the industry.
• E)governmental regulations and requirements placed on the industry.

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Definitions:

Affirmative Action

Policy measures designed to increase the representation of minorities and women in fields from which they have historically been excluded, through proactive recruitment and opportunities.

Preferential Treatment

The act of giving favorable treatment or advantages to a person or group over others, often based on personal biases or for strategic reasons.

Symbolic Ethnicity

A nostalgic allegiance to the culture of the immigrant generation, or that of the old country, that is not usually incorporated in everyday behavior.

Situational Ethnicity

The concept that one's ethnic identity can be fluid and change in different social contexts.