Which Strategy Below Helps an Organization Choose Its Business Focus

question 38

Multiple Choice

Which strategy below helps an organization choose its business focus?

• A) SWOT Analysis
• B) The Five Forces Model
• C) Value Chain Analysis
• D) Three Generic Strategies

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Definitions:

Consecutive Red Cards

In card games or sports like soccer, instances where red cards are issued in sequential order, either to players or as drawn cards from a deck.

Black Card

Often refers to a high-tier, exclusive credit card that offers extensive benefits and is typically invitation-only.

Record

To capture and store information for future use or to denote an all-time high or low measurement in a specific context.

Probability Assignment Rule

A principle that assigns a probability to each outcome of a well-defined experiment in accordance with certain conditions.