Multiple Choice
The fourth step of the small business strategy planning process
A) is where you consider your customers and the benefits you want to offer them.
B) aims to refine your firm's capabilities in order to maintain a competitive advantage.
C) involves determining the best strategic direction and strategy for the firm.
D) is to study the dynamics and trends of your industry.
Correct Answer:
Verified
Correct Answer:
Verified
Q15: Changes in competitors,sales and profits in an
Q16: Cost benefits include scale and scope savings.
Q17: Which of the following refers to the
Q18: The first step of the small business
Q19: An imitation business that competes locally with
Q21: As a firm gets more experience,it can
Q22: When the sales and profits actually start
Q23: The tool appropriate for the third step
Q24: When does market relinquishment occur?<br>A)When there are
Q25: Imitation minus one degree of similarity would