Which of the Following Is NOT an Analytical Tool for Revealing

question 92

Multiple Choice

Which of the following is NOT an analytical tool for revealing a company's competitiveness and for helping to match the strategy to the company's own particular circumstances?

• A) Resource and capability analysis
• B) SWOT
• C) Value chain analysis
• D) Best practice concept
• E) Competitive strength analysis

Explain the role of marginal revenue and marginal cost in profit maximization for price-searching firms.

Describe the effects of entry and exit on market equilibrium and firm profitability in competitive price-searcher markets.

Identify the implications of product differentiation in competitive price-searcher markets.

Understand the relationship between price, average cost, and marginal cost in the long-run equilibrium of competitive price-searcher markets.