Business Strategy,as Distinct from Corporate Strategy,is Chiefly Concerned with

question 7

Multiple Choice

Business strategy,as distinct from corporate strategy,is chiefly concerned with

• A) deciding what new businesses to enter, which existing businesses to get off, and which existing business to remain in.
• B) forging actions and approaches to compete successfully in a particular line of business.
• C) making sure the strategic intent of a particular business is in step with the company's overall strategic intent and strategy.
• D) coordinating the competitive approaches of a company's different business units.
• E) what business model to employ in each of the company's different businesses.

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Definitions:

Selective Attention

The process of focusing on a particular object in the environment for a certain period of time while ignoring irrelevant information.

Change Blindness

A psychological phenomenon where an individual fails to notice significant changes in their visual field when such changes occur during a visual disruption.

Consciousness

The condition in which an individual is conscious of and can contemplate their own being, feelings, ideas, environment, and life events.

Cocktail Party Effect

The brain's ability to focus one's auditory attention on a particular stimulus while filtering out a range of other stimuli, as when a person can focus on a single conversation in a noisy room.