Which Strategy Analyzes the External Environment for Organizations

question 143

Multiple Choice

Which strategy analyzes the external environment for organizations?

• A)Five-Forces Analysis
• B)SWOT analysis
• C)Differentiator
• D)Cost Leader

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Definitions:

Vertical Mosaic

A concept describing societies that are stratified not only by socioeconomic status but also by ethnicity, with different ethnic groups occupying different positions in the social hierarchy.

Ethnic Hierarchy

A system of social stratification based on ethnicity, where different ethnic groups are ranked in a hierarchy above or below each other on the basis of assumed superiority or inferiority.

Racial Stratification

The hierarchical organization of society based on racial or ethnic groupings that often results in unequal access to resources, opportunities, and rights.

Economic Success

The achievement of financial stability, growth, and prosperity within individual, business, or societal levels.