Which of the Following Is a Tool a Manager Can

question 366

Multiple Choice

Which of the following is a tool a manager can use to analyze competitive intelligence and identify competitive advantages?

• A) The Three Generic Strategies
• B) The threat of substitute buyer power
• C) Differentiated costs
• D) Supplier loyalty

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Definitions:

Intellectual Characteristics

Attributes relating to or involving the ability to think and understand ideas and information at a high level.

Trust Builder

An individual or strategy that works towards establishing, increasing, and maintaining trust within relationships, teams, or organizations.

Leaders

Individuals who guide, influence, or direct others within an organization or community, often responsible for decision-making and setting direction.

Socialized Power

A form of power that is used for the benefit of the group, prioritizing collective goals over personal interests.