A Powerful Tool for Sizing Up the Company's Competitive Assets

question 45

Multiple Choice

A powerful tool for sizing up the company's competitive assets and determining whether they can provide the foundation necessary for competitive success in the marketplace is termed:

• A) resource and capability analysis.
• B) SWOT.
• C) competitive analysis.
• D) financial and asset management analysis.
• E) value chain analysis.

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Definitions:

Incentive Pay

Compensation above the base salary offered to employees as a motivation for achieving performance targets.

Piecework Rate Plans

Compensation systems where employees are paid based on the quantity of work produced or tasks completed.

Routine Jobs

Work that involves repetitive tasks following a set procedure or sequence, often with little to no variation in daily activities.