When Conducting an Internal Analysis, a Manager Must Do All

question 56

Multiple Choice

When conducting an internal analysis, a manager must do all of the following EXCEPT:

• A) look at the way in which forces in the macroenvironment affect industry structure and influence opportunities and threats.
• B) understand the role of rare, valuable, and hard-to-imitate resources in the establishment of competitive advantage.
• C) appreciate how rare, valuable, and hard-to-imitate resources lead to superior efficiency, innovation, quality, and customer responsiveness.
• D) analyze the sources of their company's competitive advantage to identify what drives the profitability of their enterprise.
• E) analyze the sources of their company's competitive advantage to identify where opportunities for improvement might be.

Recognize self-competency in personal growth and educational endeavors.

Understand the key components of self-competency.

Comprehend the concept and categories of diversity.

Understand the importance of cultural competencies in a globalized work environment.

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Definitions:

Headwater Streams

The origins of rivers, often small tributaries or springs, crucial for the river ecosystem.

Energy Input

The total amount of energy introduced into a system, which can be through various forms such as electricity, heat, or light, necessary for the operation of processes or devices.

Nekton

Free-swimming aquatic organisms such as fish and turtles. Compare with plankton.

Transition Zone

An area or region between two distinct spaces, phases, or conditions in various contexts, including geography, biology, and materials science.