Which of Following Statements Is/are True Concerning Strategic Positioning

question 5

Multiple Choice

Which of following statements is/are true concerning strategic positioning?

• A)Once a firm has chosen a position, it is unwise to change it, even though the company or business environment might change.
• B)If a firm does decide to compete on more than one strategic position, it must carefully execute both strategies to be successful.
• C)Since the business environment is always changing, rather than stick constantly with one strategic position, firms should pay close attention during times of change, and adjust their strategies accordingly.
• D)A firm following both competitive strategies is likely to succeed only if it achieves one of them significantly.

Identify the different types of radiator fans and their operations.

Explain the purpose and operation of thermostats in vehicle cooling systems.

Understand the components and functions of the vehicle's cooling and refrigeration systems.

Describe the role of the heater core in a vehicle's HVAC system.

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Definitions:

Short-Term Bank Loans

Loans provided by banks that are typically due for repayment within a year or less.

Banks

Financial institutions licensed to receive deposits, offer loans, and provide various other financial services.

Repay

To pay back or return money that was borrowed from a person, bank, or financial institution.

Risk

The potential for loss or the chance that an investment's actual return will differ from the expected return.