To Create a Successful Business Model,managers Must Choose a Set

question 1

Multiple Choice

To create a successful business model,managers must choose a set of business-level strategies that

• A) allow the company to better compete with rivals within an industry.
• B) help them decide what businesses to enter and exit.
• C) help build an organizational structure that contains multiple businesses.
• D) work together to give a company a competitive advantage over its rivals.
• E) help it to diversify to better leverage distinctive competencies.

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Definitions:

Gender Prejudice

Preconceived opinions or judgments about individuals or groups based on their gender, often resulting in discrimination or inequality.

Racial Prejudice

Preconceived judgments or biases against individuals based on their race or ethnicity.

Groupthink

A psychological phenomenon occurring within a group of people, in which the desire for harmony and conformity results in an irrational or dysfunctional decision-making outcome.

Group Polarization

Group polarization occurs when the attitude of a group becomes more extreme than the initial inclination of its members after group discussions.