Having Good Competitive Intelligence About Rivals' Strategies,latest Actions and Announcements,resource

question 39

Multiple Choice

Having good competitive intelligence about rivals' strategies,latest actions and announcements,resource strengths and weaknesses,and moves to improve their situation is important because

• A) it identifies who the industry's current market share leaders are.
• B) it helps a company to anticipate what moves rivals are likely to make next and to craft its own strategic moves.
• C) good scouting reports help identify which rival is in which strategic group.
• D) it enables company managers to determine which rival has the worst strategy and how to avoid making the same strategy mistakes.
• E) it enables more accurate predictions about how long it will take a particular rival to copy most of what the strategy leader is doing.

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Definitions:

Situation

A set of circumstances or the context in which an event occurs.

Cars

Motor vehicles with four wheels designed primarily for passenger transportation on roads.

Situational Constraints

Factors in the environment that restrict, guide, or dictate behavior, often influencing the outcome of behavior in specific settings.

Personal Dispositions

are inherent qualities of individual personality that influence behavior and attitudes.