Gap Analysis Is ________

question 21

Multiple Choice

Gap analysis is ________.

• A)a method for estimating a company's potential sales by identifying segments it is not serving adequately
• B)an investment advisor's report on the future of one of the leading clothing retailers
• C)the leap-frogging of demand in many developing economies whereby consumers skip certain generations of products, buying the latest model instead
• D)an estimation of the disparity in incomes between the very rich and the very poor in a given market

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Definitions:

Leadership Transition

The process of handing over roles and responsibilities from one leader to another, often involving significant change and adaptation.

Financial Matters

Aspects or issues related to the management, investment, and expenditure of money.

Ethical Failure

A situation where individuals or organizations do not act in alignment with established moral principles or standards, leading to negative outcomes or harm.

Poor Financial Control

Refers to inadequate management of finances, leading to inefficiencies, financial instability, or loss.