Greg Provenzo Owns and Runs a Blockbuster Video Store

question 83

Multiple Choice

Greg Provenzo owns and runs a Blockbuster video store.Greg is implementing a drive-thru rental process that is the same as you would find at a fast-food restaurant.Customers can pick up and drop off their videos without leaving their cars.Greg's new system has become so popular that Videos Plus,a competitor down the street,is attempting to re-create Greg's video drive-thru rental process.Greg's system is an example of a _________.

• A) supply chain power
• B) first-mover advantage
• C) business processing strategy
• D) business intelligence

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Definitions:

Extrinsic Motivation

A type of motivation driven by external rewards, such as money, fame, grades, and praise, rather than internal factors like personal satisfaction or enjoyment of the task.

Strategic Planning

The process of defining an organization's strategy or direction and making decisions on allocating its resources to pursue this strategy.

Relational Concern

Relational Concern is the attention and consideration given to managing and nurturing relationships, emphasizing the importance of interpersonal connections and communication.

Power

The ability or capacity to direct or influence the behavior of others or the course of events.