Mastering Strategic Planning
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Questions and Answers

Which of the following is NOT a strategy option for competing in emerging industries?

  • Pushing hard to perfect technology
  • Moving quickly when technological uncertainty clears
  • Consolidating market share (correct)
  • Employing a bold, creative strategy

    • What are the two most important drivers shaping a firm's strategic options?

  • Competitive capabilities and best opportunities
  • Firm's competitive capabilities and market position
  • Best opportunities and market position
  • Nature of industry and competitive conditions (correct)

    • Which strategy is recommended for companies in declining industries?

  • Strategies for runner-up firms
  • Strategies for weak businesses (correct)
  • Strategies for sustaining rapid growth
  • Strategies for industry leaders

    • What is the recommended strategy for companies in fragmented industries?

    <p>Strategies for turbulent, high velocity markets</p> Signup and view all the answers

    What is the overview of the chapter about?

    <p>Strategies for different industries</p> Signup and view all the answers

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