Two Analytical Tools Useful in Determining Whether a Company's Prices

question 39

Multiple Choice

Two analytical tools useful in determining whether a company's prices and costs are competitive are

• A)SWOT analysis and key success factor analysis.
• B)SWOT analysis and benchmarking.
• C)value chain analysis and benchmarking.
• D)competitive position assessment and competitive strength assessment.
• E)driving forces analysis and SWOT analysis.

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Definitions:

Unduly Influenced

A legal term referring to a situation where an individual is persuaded or coerced into acting against their free will or best interest, often in contracts or wills.

Tax Evasion

The illegal act of not paying taxes that are legally owed, often by concealing income or inflating deductions.

Intentional Wrongful Disclosure

The deliberate release or sharing of confidential or protected information without permission, usually leading to harm or breach of trust.

Additional Sums

Extra amounts of money required or due on top of the originally agreed upon or standard payment.