Once a Company Has Decided to Employ a Particular Generic

question 58

Multiple Choice

Once a company has decided to employ a particular generic competitive strategy, then it must make the following additional strategic choices, EXCEPT whether to

• A) focus on building competitive advantages.
• B) employ the element of surprise as opposed to doing what rivals expect and are prepared for.
• C) display a strong bias for swift, decisive, and overwhelming actions to overpower rivals.
• D) create and deploy company resources to cause rivals to defend themselves.
• E) pay special attention to buyer segments that a rival is already serving.

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Definitions:

Opportunity Cost

The cost of forgoing the next best alternative when making a decision.

Capital

The financial assets or resources that individuals or companies use to fund their operations and invest in their businesses.

Financial Situation

An individual's or organization's current status in terms of income, expenses, assets, and liabilities, impacting their ability to generate cash flow and meet financial obligations.

Net Present Value

A financial metric that calculates the value of a series of cash flows by discounting them to their present value using a specific rate.