Understanding Where a Company Is Competitive Requires

question 72

Multiple Choice

Understanding where a company is competitive requires

• A)determining whether a company has a cost-effective value chain.
• B)developing quantitative strength ratings for the company and key rivals on each industry key success factor and each pivotal resource, capability, and value chain activity.
• C)identifying a company's core competencies and distinctive competencies (if any).
• D)analyzing whether a company is well positioned to gain market share and be the industry's profit leader.
• E)developing quantitative measures of a company's chances for future profitability.

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Definitions:

Public/Private Model

A cooperative arrangement between public and private sectors, often seen in service delivery, funding, and project execution.

Economic Gain

The increase in financial wealth, resources, or potential for wealth, often resulting from business or investment activities.

Critics

Individuals who evaluate, analyze, and sometimes challenge or question things such as art, literature, policies, or performances.

Competence

The ability of an individual to do a job properly, including their knowledge, skills, and experience.