A Company's Menu of Strategic Choices to Supplement Its Decision

question 68

Multiple Choice

A company's menu of strategic choices to supplement its decision to employ one of the five basic competitive strategies does not include

• A)whether and when to employ defensive strategies to protect the company's market position.
• B)whether to integrate backward or forward into more stages of the industry value chain.
• C)whether to employ a preemptive strike type of green ocean strategy.
• D)whether and when to go on the offensive and initiate aggressive strategic moves to improve the company's market position.
• E)whether to bolster the company's market position via acquisition or merger and/or whether to enter into strategic alliances or partnership arrangements with other enterprises.

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Definitions:

Self-Efficacy

A person's confidence in their ability to carry out actions required to achieve particular outcomes.

External Locus of Control

The belief that one's successes or failures result from external factors beyond their control, rather than one's own efforts.

High Self-Acceptance

A person’s positive evaluation of oneself and one's past actions, leading to a healthy sense of self-worth.

Thematic Apperception Test

A projective psychological test that involves creating stories about ambiguous scenes, used to uncover underlying thoughts and feelings.