Understanding the Competitive Forces in an Industry Is

question 52

Multiple Choice

Understanding the competitive forces in an industry is

• A)a largely futile exercise for managers.
• B)is of academic interest, but does not bring any value for strategic management.
• C)a way to enable managers to allocate their resources where competition is the strongest.
• D)a way to enable managers to position the firm where its particular capabilities can be deployed to best advantage.

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Definitions:

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A treatment approach involving psychological techniques to help someone overcome mental health issues or improve their well-being.