Match the Options Below with the Correct Phrase

question 22

Multiple Choice

Match the options below with the correct phrase:
-grand strategy

• A)a type of business with large market share in a rapidly growing industry
• B)a type of business with a large market share in a stable, slow-growth industry
• C)managers use this strategy to stabilize supply lines, reduce costs, or consolidate competition
• D)responding to environmental threats in a somewhat haphazard way
• E)a strategy for holding your own ground in the market
• F)an autonomous business division within a corporation that has its own product, market, and competitors
• G)a corporate-level strategy for moving into new products or markets
• H)the size or position of the business in the environment
• I)the overall or total plan of action
• J)a plan that focuses on how each product line or business unit competes within an organization

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Definitions:

Anthropology

The scientific study of humans, human behavior, and societies in the past and present, including cultural, social, and physical development.

Fundamental Attribution Error

The tendency to attribute others' behaviors to their character or personality, while overlooking situational factors.

Group Pressure

The influence exerted by a group on individual members to conform to the group's norms, attitudes, and behaviors.

Thomas Theorem

The sociological theory that situations perceived as real are real in their consequences, emphasizing the importance of perception in social dynamics.