The Effectiveness of Any of the Generic Business-Level Strategies Is

question 78

Multiple Choice

The effectiveness of any of the generic business-level strategies is contingent upon:

• A) customer needs and competitors' strategies.
• B) the match between the opportunities and threats in its external market and the strengths of its internal environment.
• C) the trends in the general consumer base and the robustness of the global and industry economy.
• D) the firm's competitive scope and its competitive advantage.

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Definitions:

Defensive Merger Tactics

Strategies employed by a company to avoid being taken over by another company, often including legal and financial maneuvers.

Unwanted Takeovers

Attempts by one company to acquire control of another company without the consent of the latter's management.

Stockholders

Individuals or entities that own stock in a corporation, making them partial owners of the company and entitling them to a share of its profits.

Consolidation

The process in accounting and finance where the financial statements of a parent company and its subsidiaries are combined to form a single, comprehensive financial statement.