General Studies · Strategic Management
Match the strategic concepts in List I with their descriptions in List II: List I: (a) Propitious niche (b) Strategic window (c) Mission (d) Business strategy List II: (i) Focuses on improving the competitive position within a specific industry that the business unit serves. (ii) An extremely favorable market situation so well suited to the firm's competitive advantage that other organizations are unlikely to challenge it. (iii) A unique market opportunity that is available only for a particular limited time. (iv) A statement that defines the purpose and core scope of the organization, providing a common thread to focus collective energy. Choose the correct option:
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1(a)-(ii), (b)-(iii), (c)-(iv), (d)-(i)✓
- 2(a)-(iii), (b)-(iv), (c)-(ii), (d)-(i)
- 3(a)-(i), (b)-(ii), (c)-(iv), (d)-(iii)
- 4(a)-(iv), (b)-(i), (c)-(iii), (d)-(ii)
Correct answer
(a)-(ii), (b)-(iii), (c)-(iv), (d)-(i)
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