The Value of Doing Competitive Strength Assessment Is to

question 2

Multiple Choice

The value of doing competitive strength assessment is to

• A)determine how competitively powerful are the company's core competencies
• B)learn if the company's market opportunities are better than those of its rivals.
• C)learn whether a company has a distinctive competence.
• D)learn how the company ranks relative to rivals on each of the important factors that determine market success and ascertain whether the company has a net competitive advantage or disadvantage vis-à-vis key rivals.
• E)determine whether a company's resource strengths are sufficient to allow it to earn bigger profits than rivals.

---

Definitions:

Strategic Thinking

The ability to anticipate, plan for, and navigate complex scenarios or situations to achieve long-term goals.

Country Culture

The collective set of customs, values, beliefs, and social behaviors that distinguish one country or society from another.

Developmental Assessment Centers

Developmental assessment centers are structured settings where individuals undergo various exercises and evaluations to identify their strengths and development needs.

Feedback Workshops

Interactive sessions where individuals or groups receive and discuss feedback on their performance, work, or behavior with the aim of improvement.