Calculating Competitive Strength Ratings for a Company and Its Rivals

question 127

Multiple Choice

Calculating competitive strength ratings for a company and its rivals using the industry's most telling measures of competitive strength or weakness

• A)is a way of determining which competitor has the highest overall competitive advantage in the marketplace and which competitor is faced with the lowest overall competitive disadvantage.
• B)is the most reliable indicator of which industry member has the highest overall product quality.
• C)is a powerful way of revealing which competitors are in the best and worst strategic groups.
• D)is the most reliable indicator of which industry member has the lowest overall costs and is the low-cost leader.
• E)pinpoints which industry rivals are most insulated from the industry's driving forces.

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Definitions:

Horticultural Society

A society primarily engaged in the cultivation of plants, fruits, and vegetables for their sustenance, typically using hand tools and simple techniques.

Public Support

The general backing or approval from the population towards an idea, person, or initiative.

Holocaust

A catastrophic event during World War II where six million Jews, among others, were systematically murdered by the Nazis.

Trade Unions

are organizations formed by workers from various trades for the purpose of promoting their rights and interests through collective bargaining.