Which of the Following Is NOT a Reason Why Defining

question 70

Multiple Choice

Which of the following is NOT a reason why defining an industry's boundaries is important?

• A) It helps executives determine the arena in which their firm is competing
• B) It focuses attention on the firm's competitors
• C) It helps executives determine key factors for success
• D) Stakeholders demand it

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Definitions:

Motive

A reason for doing something, especially one that is hidden or not obvious.

Subjective Plan

A course of action based on personal perspectives, feelings, or opinions rather than objective evidence or analysis.

Imperative

Something that is necessary or of great importance, often used in the context of commands or duties.

Maxim

A short, pithy statement expressing a general truth or rule of conduct.