The Chief Purpose of Calculating Quantitative Industry Attractiveness Scores for Each

question 6

Multiple Choice

The chief purpose of calculating quantitative industry attractiveness scores for each industry a company has diversified into is to

• A)determine which industry is the biggest and fastest growing.
• B)get in position to rank the industries from most competitive to least competitive.
• C)provide a basis for drawing analysis-based conclusions about the attractiveness of the industries a company has diversified into, both individually and as a group, and further to provide an indication of which industries offer the best and worst long-term prospects.
• D)ascertain which industries have the easiest-to-achieve key success factors.
• E)rank the attractiveness of the various industry value chains from best to worst.

Grasp the paramount importance of quality across all business facets.

Know how benchmarking can drive improvement in production and customer service.

Recognize the financial implications of inventory management and its strategies.

Understand the foundational elements and management practices that improve small business productivity.

---

Definitions:

Bad News

Refers to unfavorable information or updates that need to be communicated.

Record of Incident

An official document detailing the facts and responses associated with a specific event or occurrence, often used for legal or procedural purposes.

Empathy

The capacity to comprehend and empathize with someone else's emotions.

Bad-News Message

Communication that conveys negative or unfavorable information in a tactful and considerate manner.