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:

Accommodate

To make adjustments or modifications to suit a particular need or condition.

Changing Stimuli

The variation or alteration in external or internal inputs that provoke responses from organisms or systems.

Constant Stimuli

A method in psychophysics used to measure the threshold at which a stimulus is detected by changing the intensity of the stimulus in constant increments or decrements.

Pupil

The opening in the center of the iris of the eye, through which light enters the eye to reach the retina.