Using the General Electric Strategic Planning Grid, an Opportunity Rated

question 49

True/False

Using the General Electric strategic planning grid, an opportunity rated "medium" in terms of both industry attractiveness and business strengths is an opportunity that the firm should always avoid.

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Definitions:

UCITA

The Uniform Computer Information Transactions Act, a proposed state law aimed at governing the sale and licensing of computer software and digital information.

Cyber-Commerce

Involves transacting business by any one of several types of electronic communication, from debit card purchases to buying and selling goods on the Internet.

Persuasive Precedent

Judicial decisions from other jurisdictions or legal systems that are taken into consideration but not binding in the current case.

Binding Precedent

A legal principle from a previous case that must be followed by courts in future cases with similar circumstances.