One of the Considerations When Evaluating the Fit Between a Strategic

question 30

Multiple Choice

One of the considerations when evaluating the fit between a strategic proposal and supply is

• A) competition for raw materials
• B) customer bargaining power
• C) threat of new entrants
• D) likelihood of competitive response

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Definitions:

Sales Price

The final amount of money charged for a product or service, or the value that consumers are willing to pay.

Optimal Point

The most favorable position or condition that yields the maximum benefit or efficiency in a given situation, such as in investment or production.

Credit Policy

Rules a business adheres to for assessing a customer's eligibility for credit and the stipulations under which it is offered.

Opportunity Cost

The most valuable alternative that is given up if a particular investment is undertaken.