Having Good Competitive Intelligence About Rivals' Strategies and Moves to Improve

question 14

Multiple Choice

Having good competitive intelligence about rivals' strategies and moves to improve their situation is important because

• A)it identifies who the industry's current market share leaders are.
• B)it allows a company to anticipate what moves rivals are likely to make next and to craft its own strategic moves with some confidence.
• C)it helps identify which rival is in which strategic group.
• D)it enables company managers to determine which rival has the worst strategy and how to avoid making the same strategy mistakes.
• E)it enables more accurate predictions about how long it will take a particular rival to copy most of what the strategy leader is doing.

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Definitions:

Transactional Leader

A leadership style that focuses on the role of supervision, organization, and group performance based on a system of rewards and punishments.

Regulating Behavior

The act of controlling or directing actions or conduct according to certain standards or rules.

Followership Theory

A conceptual framework focusing on the behaviors, attitudes, and roles of followers in the leadership process and their impact on organizational outcomes.

Alienated Followers

Individuals within a group or organization who feel estranged or disconnected from leadership and the collective goals, often due to perceived neglect or misunderstanding.