In Doing SWOT Analysis,which of the Following Is NOT an Example

question 22

Multiple Choice

In doing SWOT analysis,which of the following is NOT an example of a potential resource weakness or competitive deficiency that a company may have?

• A) Less productive R&D efforts than rivals
• B) Having a single,unified functional strategy instead of several distinct functional strategies
• C) Lack of a strong brand image and reputation (as compared to rivals)
• D) Higher overall unit costs relative to rivals
• E) Too narrow a product line relative to rivals

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Definitions:

Monopolistically Competitive

Pertaining to a market structure where many firms sell products that are differentiated from one another but can act as substitutes, thereby creating competition.

Average Total Cost

The aggregate expense of manufacturing (sum of constant and fluctuating costs) spread over the entire volume of goods produced.

Marginal Revenue

represents the extra revenue that an undertaking receives from selling one additional unit of a product or service.

Monopolistically Competitive

Describes a market structure where many companies sell products that are similar but not identical.