{"id":46334,"date":"2024-04-15T22:10:51","date_gmt":"2024-04-15T22:10:51","guid":{"rendered":"https:\/\/exam.pscnotes.com\/mcq\/?p=46334"},"modified":"2024-04-15T22:10:51","modified_gmt":"2024-04-15T22:10:51","slug":"the-g-e-business-model-is-explained-on-which-one-of-the-following-parameters","status":"publish","type":"post","link":"https:\/\/exam.pscnotes.com\/mcq\/the-g-e-business-model-is-explained-on-which-one-of-the-following-parameters\/","title":{"rendered":"The G. E. Business Model is explained on which one of the following parameters?"},"content":{"rendered":"

[amp_mcq option1=”Market Attractiveness and Business Position” option2=”Business Attractiveness and Market Position” option3=”Industry Growth rate and Company’s Market share” option4=”Company’s Growth rate and Industry’s Position” correct=”option1″]<\/p>\n

The correct answer is: A. Market Attractiveness and Business Position.<\/p>\n

The GE Business Model is a framework for analyzing a company’s business strategy. It is based on the idea that a company’s success depends on both its market attractiveness and its business position.<\/p>\n

Market attractiveness is a measure of the potential for a company to generate profits in a particular market. It is determined by factors such as the size of the market, the growth rate of the market, the intensity of competition, and the profitability of the market.<\/p>\n

Business position is a measure of a company’s competitive strength in a particular market. It is determined by factors such as the company’s market share, its brand strength, its product quality, and its distribution network.<\/p>\n

The GE Business Model is a valuable tool for companies that are trying to develop or improve their business strategy. It can help companies to identify their strengths and weaknesses, to assess the opportunities and threats in their markets, and to develop a plan to achieve their goals.<\/p>\n

Here is a brief explanation of each option:<\/p>\n