All of the Following Are Common Tools Used in Industry

question 171

Multiple Choice

All of the following are common tools used in industry to analyze and develop competitive advantages, except _________.

• A)the Five Forces Model
• B)the three generic strategies
• C)the competitive analysis model
• D)value chain analysis

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Definitions:

Cubic Yard

A unit of volume used typically in the United States for materials such as concrete, measuring 3 feet long by 3 feet wide by 3 feet high.

Poisson Distribution

A probability distribution that represents the likelihood of a specific number of occurrences happening within a predetermined time or space interval.

Poisson Distribution

A probability distribution that expresses the probability of a given number of events occurring in a fixed interval of time or space if these events occur with a known constant mean rate and independently of the time since the last event.

Numerical Variables

Variables that represent quantifiable data, allowing for mathematical operations to be performed on them.