Which of the Following Is a Tool a Manager Can

question 23

Multiple Choice

Which of the following is a tool a manager can use to analyze competitive intelligence and identify competitive advantages?

• A) The three generic strategies.
• B) The threat of substitute buyer power.
• C) Differentiated costs.
• D) Supplier loyalty.

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Definitions:

Pragmatic Theory

A theory in philosophy that evaluates theories or beliefs in terms of the success of their practical application.

Correspondence Theory

A theory in epistemology and philosophy of truth stating that the accuracy of a statement is determined by how accurately it corresponds to the real world or facts.

Rationality

The quality of being based on or in accordance with reason or logic, often applied to thought processes and decision-making.

True Beliefs

Convictions or acceptances that are in accordance with reality or facts.