The Value of Doing Competitive Strength Assessment Is to

question 111

Multiple Choice

The value of doing competitive strength assessment is to

• A) determine how competitively powerful the company's core competencies are.
• B) learn if the company's market opportunities are better than those of its rivals.
• C) learn whether a company has a distinctive competence.
• D) learn how the company ranks relative to rivals on each of the important factors that determine market success and ascertain whether the company has a net competitive advantage or disadvantage vis-à-vis key rivals.
• E) determine whether a company's resource strengths are sufficient to allow it to earn bigger profits than rivals.

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Definitions:

Team Design

The method of organizing a team's structure, roles, and communication patterns to optimize its effectiveness and collaboration.

Team Culture

The shared values, beliefs, norms, and practices that shape the behavior and interaction of members within a team.

Ethnic Origin

pertains to the background or heritage of an individual, identifying them as belonging to a specific racial, national, or cultural group.

Geographical Location

Refers to the physical place where a team or organization is situated, which can influence its operations, culture, and access to resources.