Strategy Is About Competing Differently Than Rivals; Thus, Strategy Success

question 94

Multiple Choice

Strategy is about competing differently than rivals; thus, strategy success is about

• A)the sources of sustained advantages and superior profitability.
• B)those emergent, unplanned, reactive, and adaptive plans that are more appropriate than deliberate or intended ones that drive the realized strategy.
• C)matching internal resources and capabilities to the industry environment.
• D)keeping the firm current with the rapid pace of change in the industry.
• E)replacing proactive and reactive measures by modified ongoing strategic elements to preserve company values.

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Definitions:

Survey

A research method that involves collecting data from a group of respondents through questionnaires or interviews to gather information or opinions.

Inferential Statistics

A branch of statistics that deals with drawing conclusions and making predictions about a population based on a sample.

Control Group

In experimental research, a group of subjects that does not receive the treatment being tested, used as a benchmark to measure how the other tested subjects do.

Naturalistic Observation

An investigative approach where participants are studied in their natural settings without interference from the researcher.