Business Strategies Based on Hypercompetition Focus on Customer Satisfaction and Profit

question 40

Multiple Choice

Business strategies based on hypercompetition focus on customer satisfaction and profit maximization but also build in a component of business intelligence. Business intelligence helps an agile organization to:

• A) Predict and respond to new opportunities
• B) Use current information technologies less extensively
• C) Manage internal challenges
• D) React to supplier demands
• E) Collaborate

---

Definitions:

Permissible

Allowed or permitted within a set of rules, laws, or regulations.

Exculpatory Clause

A contract provision that relieves one party of liability if damages are caused during the execution of the contract.

Liability

A legal responsibility or obligation that may arise from any number of legal claims or is imposed by law.

Unconscionability

A contract or term within a contract that is so unjust or overwhelmingly one-sided in favor of the party who has the superior bargaining power.