Question
Which of the following statements about crafting a strategy to be competitively successful in the markets for action cameras and drones is not true? Copyright
Which of the following statements about crafting a strategy to be competitively successful in the markets for action cameras and drones is not true?
Copyright by Glo-Bus Software, Inc. Copying, distributing, or 3rd party website posting isexpressly prohibited and constitutes copyright violation.
In GLO-BUS, there are multiple strategic approaches and sets of competitive efforts/action that, if properly designed and well-executed, are capable of producing competitive success in the global market for cameras/drones, provided they are not overpowered or thwarted by even more potent strategic approaches and competitive actions/efforts that are well-executed by rival companies.
So long as your company's competitive efforts/actions and decision entries produce an overall buyer appeal for your camera/drone product line that outranks the offerings of rival companies across the 4 geographic regions and so long as your company exerts sufficiently aggressive competitive efforts (on the 11 competitive factors for cameras and 10 competitive factors for drones) that compares favorably with the competitive efforts of rivals in the 4 regions, then you can expect a satisfactory-to-good-to-appealingly large percentage of buyers in each region to prefer purchasing your cameras/drones instead of rival company brands.
GLO-BUS has a built-in bias that favors the company that operates most cost-efficiently and produces cameras and drones with the highest P/Q ratings.
In GLO-BUS, there is no such thing as a surefire strategy or a "magic bullet" strategy or an undefeatable strategy that is "guaranteed" to outperform all other strategies, irrespective of the strategies and competitive actions undertaken by rival companies.
GLO-BUS has no built-in bias that favors any one strategy or approach to competing over all the others.
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