Successfully reported this slideshow. Show
Your SlideShare is downloading. × More Related ContentSlideshows for you (19)
Similar to SM CH 5 TYPES OF STRATEGIES (20)More from Shadina Shah (17)Featured (20)SM CH 5 TYPES OF STRATEGIES
Editor's Notes
Which strategy is appropriate when an organization competes in an industry characterized by rapid technological developments quizlet?The correct answer is B) Product development. Reason: The suitable strategy when a business firm competes in an industry related to advanced and quick technological developments is product development. Product development refers to the process of creating new products or finding improvements in existing goods.
Which strategy should an organization use if it competes in a no growth or slow growth industry?Related diversification may be an effective strategy when: An organization competes in a no growth or a slow growth industry. Adding new, but related, products would significantly enhance the sales of current products. New, but related, products could be offered at highly competitive prices.
Which strategy would be most appropriate when the distinctive competencies?The correct option is: C) Joint venture
They aim at leveraging through their distinct competencies and strengths, creating synergies through resources, strategies, and expertise. This helps the businesses to take advantage of the strengths that they would not be able to develop on their own.
Which strategy should be implemented when a division is responsible for an organizations overall poor performance?The right answer option is B: divestiture. Divestiture should be implemented when a division is responsible for an organization's overall poor performance.
|