The Position-Based Approach to Strategy Works Best In

question 38

Multiple Choice

The position-based approach to strategy works best in:

• A) Moderately changing, well-structured markets
• B) Rapidly changing, ambiguous markets
• C) Turbulent markets
• D) Slowly changing, well-structured markets

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Definitions:

Assimilation

The process we use to incorporate new information into existing schemas (mental representations).

Accommodation

The process we use to create new schemas (mental representations) or drastically alter existing ones to incorporate new information that otherwise would not fit.

Centration

The tendency, especially in children, to focus on one aspect of a situation while ignoring others.

Accommodation

The process by which the eye changes optical power to maintain a clear image or focus on an object as its distance varies.