The Value of Determining the Relative Competitive Strength of Each

question 93

Multiple Choice

The value of determining the relative competitive strength of each business a company has diversified into is to have a quantitative basis for

• A)identifying which businesses have large/small competitive advantages or competitive disadvantages vis-à-vis the rivals in their respective industries.
• B)rating them from strongest to weakest in terms of contributing to the corporate parent's revenue growth.
• C)comparing resource strengths and weaknesses, business by business.
• D)rating them from strongest to weakest in contending for market leadership in their respective industries.
• E)rating them from strongest to weakest in terms of contributing to the corporate parent's profitability.

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Definitions:

Facilitation and Support

Refers to the process of making something easier or more achievable, often involving assistance or guidance.

Manipulation and Co-optation

Techniques used in organizational change management where manipulation involves unobtrusively steering people towards desired behaviors, while co-optation involves winning over or neutralizing opposition by incorporating key individuals into the change process.

Conflict Resolution

The process of resolving a dispute or disagreement between two or more parties in a constructive manner.

Smoothing

In conflict resolution, smoothing refers to an approach that emphasizes agreement and minimizes disagreement to reach a harmonious outcome.