Which of the Following Is Not a Major Question to Ask

question 5

Multiple Choice

Which of the following is not a major question to ask in thinking strategically about industry and competitive conditions in a given industry?

• A)How many companies in the industry have good track records for revenue growth and profitability?
• B)What strategic moves are rivals likely to make next?
• C)What are the key factors for future competitive success?
• D)Does the outlook for the industry offer good prospects for profitability?
• E)What forces are driving changes in the industry,and what impact will these changes have on competitive intensity and industry profitability?

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Definitions:

Extinction

In psychology, the gradual weakening and disappearance of a conditioned response when the conditioned stimulus is no longer paired with the unconditioned stimulus.

Neutral Stimulus

A neutral stimulus is something in the environment that initially does not elicit any intrinsic response until it is paired with an unconditioned stimulus.

Conditioned Stimulus

An initially neutral signal that, once it is linked with a natural stimulus, eventually elicits a learned response.

Pavlov

Ivan Pavlov, a Russian physiologist known primarily for his work in classical conditioning, particularly experiments with dogs leading to the concept of the conditioned reflex.