Using General Electric's "Strategic Planning Grid," an Opportunity Rated "Medium

question 268

Multiple Choice

Using General Electric's "strategic planning grid," an opportunity rated "medium" in terms of industry attractiveness and "medium" in terms of business strengths would be evaluated as:

• A) yellow-borderline.
• B) red-for no growth.
• C) green-for growth.
• D) could be yellow, red, or green-because the grid really doesn't deal with "medium" ratings.

Analyze real-life examples of frustration and its psychological effects.

Distinguish between positive and negative emotions in the context of stress.

Understand the Social Readjustment Rating Scale and its application to measuring life stressors.

Recognize the impact of pressure, both to perform and to conform, in stressful situations.

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Definitions:

Shortage/Surplus

A shortage occurs when demand exceeds supply, whereas a surplus happens when supply exceeds demand.

Quantity Demanded

The amount of a good or service that consumers are willing and able to purchase at a specific price level.

Quantity Supplied

The quantity of a product or service that sellers are prepared and capable of offering for sale at a specific price.

Equilibrium Price

The price at which the quantity of goods supplied equals the quantity of goods demanded in a market, leading to market stability.