When It Comes to Strategic Positioning and Generic Business Strategies,which

question 6

Multiple Choice

When it comes to strategic positioning and generic business strategies,which of the following is TRUE:

• A) All of the business strategies are equally difficult to adopt.
• B) Only a few exceptional firms are able to balance the value-cost strategic trade-offs and adopt an integration strategy successfully.
• C) Once a firm has established itself with a strategy, it should stick with what it knows.
• D) Strategic positioning is not as critical to competitive advantage as is the firm's resources and economic environment.

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Definitions:

Consolidation Adjustment

A process in financial accounting where adjustments are made to present a group of companies as a single economic entity in consolidated financial statements.

Intragroup Transactions

Transactions that occur between entities within the same group of companies, often for the purpose of internal record-keeping or consolidation purposes.

NCI

Stands for Non-Controlling Interest, which represents the portion of equity in a subsidiary not attributable to the parent company.

Inventories

Properties or goods designated for transaction in the usual operations of a business, those under production aimed at such transactions, or as components and inventories to be utilized in the manufacturing process or service delivery.