Focusing Too Narrowly on Current Customers, Technologies, and Competitors Can

question 27

Multiple Choice

Focusing too narrowly on current customers, technologies, and competitors can lead to a failure to notice important changes on the periphery of their environment that may trigger the need to redefine industry boundaries and identify a whole new set of competitive relationships. This is a result of relying

• A)on traditional definitions of all industries and competitive environments.
• B)on traditional definitions of the relevant industry and competitive environment.
• C)solely on intuition.
• D)on a superficial evaluation of the relevant industry and competitive environment.

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Definitions:

Listener

A type of object in programming that waits for and responds to events or signals, often used in event-driven programming.

Button Component

A graphical user interface element that users can click to perform an action.

GUIs

Acronym for Graphical User Interfaces, which are interactive user interfaces that include graphical elements, such as windows, icons, and buttons.

Windowing Interfaces

Graphical user interface systems that allow users to interact with electronic devices through graphical icons and visual indicators.