Question: 2 6 . The controlling function of management is especially important for effective strategyevaluation.A ) TRUEB ) FALSE 2 7 . Bargaining power of consumers
The controlling function of management is especially important for effective strategyevaluation.A TRUEB FALSE Bargaining power of consumers is usually the most powerful of Porter's five competitiveforces.A TRUEB FALSE A cost leadership strategy can be especially effective when most buyers use the product in thesame ways.A TRUEB FALSE Conservative strategies in a SPACE Matrix most often include product development, marketdevelopment, market penetration, and related diversification.A TRUEB FALSE Tasks and activities are grouped together by business function in a divisional organizationalstructure.A TRUEB FALSE There are five component variables in the marketing mix: product, place, promotion, price,and people.A TRUEB FALSE Additional capital is often required for successful strategy implementation.A TRUEB FALSE Annual objectives are key components in the strategicmanagement process because theydictate how resources will be allocated.A TRUEB FALSE With the matrix structure it is common for functional resources to be duplicated.A TRUEB FALSE
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