According to a Survey by Bain & Company,the Management Tool

question 46

Multiple Choice

According to a survey by Bain & Company,the management tool with the highest reported levels of satisfaction among global executives is

• A) value chain analysis.
• B) industry and competitor analysis.
• C) strategic planning.
• D) environmental analysis.
• E) scenario analysis.

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Definitions:

Retail Life Cycle

The progression of stages that a retail business or product goes through, from introduction and growth to maturity and, eventually, decline.

Accelerated Development

A strategy employed to speed up the process of product development and market introduction in order to leverage competitive advantages.

Retail Life Cycle

The progression of stages through which a retail business or product category goes, from introduction and growth to maturity and decline.

Obsolescence

The process by which a product, service, or technology becomes outdated or no longer useful due to advancements or changes in consumer preferences.