The effectiveness of any of the generic business-level strategies is contingent upon:
A) Customer needs and competitors' strategies
B) The match between the opportunities and threats in its external market and the strengths of its internal environment
C) The trends in the general consumer base and the robustness of the global and industry economy
D) The firm's competitive scope and its competitive advantage

Question

Quizplus · Accepted Answer

The generic business-level strategies will only be effective if the organization can match its internal strengths to the external opportunities and threats in its market. This requires careful analysis and strategic planning to ensure a proper fit between the two. Customer needs and competitors' strategies, trends in the general consumer base and the global economy, and the firm's competitive scope all play a role in determining the organization's success, but the most critical factor is the match between strengths and opportunities.

The Effectiveness of Any of the Generic Business-Level Strategies Is