The Spotlight in Analyzing a Company's Resources, Internal Circumstances, and Competitiveness

question 42

Multiple Choice

The spotlight in analyzing a company's resources, internal circumstances, and competitiveness includes such questions/concerns as

• A)whether the company is located all over the globe.
• B)whether the company's key success factors are more dominant than the key success factors of close rivals.
• C)whether the company has the industry's most efficient and effective value chain.
• D)what the company's resource strengths and weaknesses are in relation to the market opportunities and external threats.
• E)what new acquisitions the company would be well advised to make in order to strengthen its financial performance and overall balance sheet position.

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Definitions:

Secondary Appraisal

The phase in the stress response where an individual evaluates their resources and ability to cope with an impending threat or challenge.

Stages of Change Model

A theoretical model describing the phases individuals go through in altering behavior, including precontemplation, contemplation, preparation, action, and maintenance.

Theoretical Model

A systematic representation of an idea or concept that explains phenomena and predicts future outcomes.

Major Criticisms

Substantial or significant objections or disapprovals voiced against ideas, actions, or entities.