Identify a True Statement About the Role of External Analysis

question 32

Multiple Choice

Identify a true statement about the role of external analysis in creating a business strategy.

• A)It involves standardized surveys to gauge employee satisfaction.
• B)It involves an examination of the competition and the forces that shape industry competition and profitability.
• C)It involves the examination of a company's set of resources and capabilities that can be deployed to deliver unique value to customers.
• D)It involves the study of a firm's operational practices to improve efficiency.

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Definitions:

Thematic Apperception Test

A projective psychological test in which respondents express their thoughts and feelings through stories they make up about ambiguous scenes.

Black-And-White Drawings

Artistic representations made using only black, white, and shades of gray, without the use of color.

Psychologist

A mental health professional who possesses a doctoral degree in psychology.

Superego

Represents the part of a person's mind in psychoanalytic theory that is responsible for upholding moral standards, acting as an internal ethical guide.