Which of the following strategies must a company follow while creating a competitive

framework if it has numerous competitors?

A) It must conduct in-depth analyses of all its competitors, big and small.
B) It must select a few important competitors upon which to concentrate.
C) It must select any one of its competitors to be representative of all its competitors.
D) It must treat all its competitors as a single, large competitor.


B

Business

You might also like to view...

When a company sorts prospects into those with the lowest, medium, and highest profit potential, the segmentation approach being used is:

A) industry B) size C) usage D) customer value

Business

Some people have a proself orientation, which means a preference for outcomes that benefit both self and others with whom they are interdependent.

Answer the following statement true (T) or false (F)

Business

Which of the following is a key element of change management?

A) Communication B) Adaptability C) Opportunity D) Goodwill E) Policy implementation

Business

The timeline of an investment is shown above. If the cost of capital is 8%, what is the profitability index of this investment?

0 1 2 3 Investment B: -$1 million $550,000 $400,000 $325,000 A) 0.110 B) 0.121 C) 0.275 D) 0.441

Business