The Business Strengths Dimension of the GE Grid Focuses On

question 339

Multiple Choice

The business strengths dimension of the GE grid focuses on:

• A) market diversity.
• B) the question: Does this product-market plan look like a good idea?
• C) the ability of the company to pursue a product-market plan effectively.
• D) industry profitability.
• E) the social and legal environment.

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Definitions:

GDP Deflator

A way to measure the cost of all newly made, domestically originated, final goods and services in a country's economic framework.

Inflation Rate

The velocity at which the entirety of goods and services' prices amplifies, draining the monetary capacity to acquire.

GDP Per Person

Gross Domestic Product divided by the population of the country, a measure of the economic output per capita.

Quality of Life

A measure of individual and societal well-being that extends beyond economic factors to include elements like environment, health, and social relationships.