The Basic Purpose of Calculating Competitive Strength Scores for Each

question 94

Multiple Choice

The basic purpose of calculating competitive strength scores for each of a diversified company's business units is to:

• A) rank the business unit from best to worst in terms of potential for cost reduction and profit margin improvement.
• B) determine how strongly positioned each business unit is in its industry.
• C) determine which business unit has the greatest number of resource strengths,competencies,and competitive capabilities,and which one has the least.
• D) determine which one has the biggest market share and is growing the fastest.
• E) rank each business unit's strategy from best to worst.

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Definitions:

Standard Deviation

A measure of the amount of variation or dispersion in a set of values, indicating how much individual data points deviate from the mean.

Mean

The average of a set of numbers calculated by adding them together and dividing by the count of numbers.

Raw Score

The original, unadjusted score obtained in an assessment or measure before any transformations or standardizations are applied.

Standard Deviation

An index quantifying how much data points deviate or scatter from their average.