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.

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Definitions:

Status Symbols

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Conjunctive Tasks

Tasks that require the cooperation of all group members to be completed successfully, where the performance is determined by the least capable member.

Person-Role Conflict

A situation where an individual's personal values, beliefs, or behaviors are in conflict with the expectations of their role.

Role Ambiguity

The uncertainty or lack of clarity about the expectations, responsibilities, or objectives associated with a job role.