Managers Must Be Prepared to Modify Their Strategy Except When

question 88

Multiple Choice

Managers must be prepared to modify their strategy except when

• A)changing circumstances affect performance and the desire to improve the current strategy.
• B)rivals make or adjust moves in the market due to the shifting needs of buyers.
• C)encountering stagnating market conditions and increasingly restrictive new customer acquisition opportunities.
• D)evidence is mounting that the current strategy is becoming less effective.
• E)rivals announce their monthly profit margins in public.

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Definitions:

Physiological Arousal

This term describes the body's physical response to emotions or stimuli, such as increased heart rate or sweaty palms.

James-Lange Theory

A theory of emotion suggesting that emotions are the result of the interpretation of bodily reactions to stimuli, rather than the cause of such reactions.

Cognitive Labeling

The process of identifying and naming emotions and feelings that are being experienced, often influencing how they are understood and acted upon.

Sympathetic Nervous System

A part of the autonomic nervous system that activates what is often termed the fight or flight response, preparing the body for rapid action in response to threats.