In Object-Oriented Development

question 9

Multiple Choice

In object-oriented development:

• A)the class is used as the basic unit of systems analysis and design.
• B)an object is a collection of data that is acted on by external processes.
• C)processing logic resides within objects.
• D)a strict,step-by-step development process is essential.
• E)data and processes are separated.

Grasp the importance of the firm’s value chain in strategic management.

Recognize the characteristics that determine industry attractiveness according to the market-based view.

Identify the attributes of resources and capabilities that lead to sustainable competitive advantages.

Understand modern strategic management theories regarding the best competitive advantages.

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Definitions:

Consumer Socialization

The process by which individuals acquire the skills, knowledge, and attitudes necessary to function as consumers in the marketplace.

Brand Preferences

Consumers' tendency to favor one brand over others, influenced by past experiences, perceptions of quality, marketing efforts, and personal tastes.

Cognitive Skills

The mental capabilities that include reasoning, memory, attention, and language that are used in acquiring knowledge, solving problems, and making decisions.

Sociocultural Influences

Factors in society and culture that affect individuals' behaviors, preferences, and attitudes, impacting consumer decisions and trends.