Including Market Share as an Objective in a Business Strategy

question 8

Multiple Choice

Including market share as an objective in a business strategy is appropriate in all of the following cases EXCEPT when ________.

• A) customer loyalty is hard to measure
• B) industries plan to set standards
• C) new entrants need to be barred
• D) ancillary sales are anticipated

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Definitions:

Instrumental Aggression

Aggressive behavior aimed at achieving a specific goal or obtaining an object, not merely to cause harm.

Sociometric Status

A measure of an individual's acceptance and popularity within a peer group, based on social networks and interactions.

Basic Social Skills

Fundamental interpersonal abilities necessary for successful social interaction, including communication, empathy, and cooperation.

Recess

A break period during the school day allocated for play, relaxation, or eating.