Sometimes It Makes Sense for a Company to Go on the Offensive

question 8

Multiple Choice

Sometimes it makes sense for a company to go on the offensive to improve its market position and business performance.The best offensives tend to incorporate the following EXCEPT:

• A) focusing relentlessly on building a competitive advantage.
• B) applying resources where rivals are least able to defend themselves.
• C) using a strategic offense to allow the company to leverage its weaknesses to strengthen operating vulnerabilities.
• D) employing the elements of surprise as opposed to doing what rivals expect and are prepared for.
• E) displaying a strong bias for swift,decisive,and overwhelming actions to overpower rivals.

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Definitions:

Resource Dependency

A theory in organizational studies that describes how external resources of organizations influence the behavior and strategies of these organizations, often leading to adaptations or strategic partnerships to secure necessary resources.

Population Ecology

A sub-field of ecology that deals with the dynamics of species populations and how these populations interact with the environment.

Information Asymmetry

A situation where one party in a transaction has more or better information than the other, leading to imbalances in decision making.

Population Ecology

A branch of biology that studies the dynamics of species populations and how these populations interact with the environment.