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:

Re-creation

The act of recreating something, either for the purpose of restoration or as a means of producing something new based on an existing model or design.

Nadler-Tushman Model

A framework for diagnosing organizational behavior that focuses on the dynamics between the organization's structure, tasks, corporate strategies, and the external environment.

Organizational Change

The process through which a company or organization changes its structure, strategies, operational methods, technologies, or organizational culture.

Adaptation

The process by which an organism or organization adjusts to changes in its environment or internal processes.