Which Types of Strategies Are Used to Implement the Growth

question 30

Multiple Choice

Which types of strategies are used to implement the growth and competitive strategies of the firm?

• A)Focus strategies
• B)Generic strategies
• C)Functional strategies
• D)Corporate strategies
• E)Indirect strategies

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Definitions:

Self-Serving Bias

A common cognitive bias where individuals attribute their successes to internal factors while blaming external factors for their failures.

Cognitive Component

Refers to the beliefs, thoughts, and knowledge that influence how an individual understands and interacts with the world.

Affective Component

Pertains to the emotional aspect of attitudes, reflecting feelings or emotions related to an object, person, or event.

Behavioural Component

The aspects of psychology related to the actions or reactions of individuals usually in response to external stimuli.