The Key Success Factors in an Industry

question 52

Multiple Choice

The key success factors in an industry

• A) are the strategy elements,intangible assets,and competitive capabilities that most affect industry members' abilities to prosper in the marketplace.
• B) are determined by the industry's driving forces.
• C) hinge on how many different strategic groups the industry has.
• D) depend on how many rivals are trying to move from one strategic group to another.
• E) are a function of such considerations as how many firms are in the industry,how many have market shares above 5%,and whether the business models being used are similar or diverse.

Explore the concept of regret and its relationship with actions and inactions over the lifespan.

Analyze the characteristics and consequences of fundamental attribution error in social perception.

Distinguish between entity and incremental mindsets and their implications for self-perception and performance.

Understand the concept of fundamental attribution error and its influencing factors.

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Definitions:

Alertness

The state of being vigilant and ready to respond quickly to potential dangers or problems.

Homeostasis

The self-regulating process by which biological systems tend to maintain stability while adjusting to conditions that are optimal for survival.

Thermostat

A device used for regulating the temperature of a system so that the system's temperature is maintained near a desired set-point.

Cooler

A term that can refer to a device or container used to keep things cool, particularly food and drinks, by using ice or other refrigerants.