In Identifying an Industry's Key Success Factors, Strategists Should

question 120

Multiple Choice

In identifying an industry's key success factors, strategists should

• A)try to single out all factors that play a major role in shaping whether buyer demand grows rapidly or slowly.
• B)consider on what basis customers choose between competing brands, what resources and competitive capabilities firms need to be competitively successful, and what shortcomings are almost certain to put a company at a significant competitive disadvantage.
• C)consider whether the number of strategic groups is increasing or decreasing and whether the five competitive forces are powerful or relatively weak.
• D)consider what it will take to overtake the company with the industry's overall best strategy.
• E)focus their attention on what it will take to capitalize on the impacts of the industry's driving forces.

Describe the physiological mechanisms regulating the sleep-wake cycle, including the role of the suprachiasmatic nucleus.

Identify the common themes and purposes behind dreams.

Explain the phenomenon of inattention and its various forms in daily life.

Understand the biological and environmental factors influencing circadian rhythms.

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Definitions:

Conditioned Stimulus

A conditioned stimulus is a previously neutral stimulus that, after becoming associated with an unconditioned stimulus, elicits a conditioned response.

Unconditioned Stimulus

In classical conditioning, a stimulus that naturally and automatically triggers an unconditioned response without prior learning.

Discriminative Stimulus

A cue or signal in the environment that indicates that a specific behavior will result in a particular consequence.

Unconditioned Stimulus

A stimulus that naturally and automatically triggers a response without any need for learning.