An Organizational Analysis Involves Looking for ________, While an Environmental

question 135

Multiple Choice

An organizational analysis involves looking for ________, while an environmental analysis involves looking for ________.

• A) threats; opportunities
• B) opportunities; threats
• C) strengths and weaknesses; threats and opportunities
• D) threats and opportunities; strengths and weaknesses
• E) strengths and weaknesses; competitors

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Definitions:

Chief Operating Officer (COO)

The executive responsible for managing the day-to-day administrative and operational functions of a company.

Functional Design

An approach to design that focuses on creating products, services, or systems based on their intended function.

Unrelated Diversification

Is used when a firm attempts to operate several unique businesses in different, unrelated markets. The basic logic behind unrelated diversification is that a company can shield itself from the adverse effects of business cycles, unexpected competition, and other economic fluctuations.

Analyzer Strategy

A business approach where a company monitors the market and competitors' actions, innovates incrementally, and follows the market leader's successful moves.