Activities That an Organization Does Well or Any Unique Resources

question 142

True/False

Activities that an organization does well or any unique resources that it has are called opportunities.

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Definitions:

Bargaining Power

The capacity of one party to influence the terms and conditions of an agreement in their favor during negotiations with another party.

Substitution Possibilities

The extent to which alternative products or services can replace each other in satisfying consumers' needs or preferences.

Cross-Market Competition

Competition that occurs between businesses operating in different markets or sectors but competing for the same customer base.

Pure Monopoly

A market structure where a single seller exclusively controls the supply of a product or service with no close substitutes.