Tests for a Good Business Strategy Do NOT Include the Requirement

question 23

Multiple Choice

Tests for a good business strategy do NOT include the requirement that the strategy:

• A)creates value for customers
• B)will confuse competitors
• C)is unique compared with competitors
• D)is enduring

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Definitions:

Behaviourism

A psychological approach focusing on observable behaviors and their environmental determinants, emphasizing the effects of learning and conditioning.

Observational Learning

A learning process through which behaviors are acquired by watching and imitating others.

Reinforcer

Any stimulus that, when presented after a response, increases the likelihood of that response occurring in the future.

Archetype

A universally understood symbol or term or pattern of behavior, a prototype upon which others are copied, patterned, or emulated.