Which One of the Following Is Not Something That Can

question 125

Multiple Choice

Which one of the following is not something that can be learned from doing a competitive strength assessment?

• A) The factors on which a company is competitively strongest and weakest vis-à-vis key rivals
• B) Whether a company should correct its weaknesses by adopting best practices and revamping the makeup of its value chain
• C) Which of the rated companies is competitively strongest and what size competitive advantage it enjoys
• D) Whether a company has a net competitive advantage or a net competitive disadvantage relative to key rivals (with the size of the advantage/disadvantage being indicated by the differences among the companies' competitive strength scores)
• E) Which rival company is competitively weakest and the areas where it is most vulnerable to competitive attack

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Definitions:

Motivated Expert

An individual who possesses a high level of expertise in a specific area and has a strong drive or motivation to apply this expertise towards achieving defined objectives.

Control Subsystem

Part of an organization's management system focused on monitoring and adjusting processes to meet objectives.

Organization's Culture

The shared values, beliefs, norms, and practices that shape the social and psychological environment of a business.

Work Standards

The established expectations and procedures that define how tasks are to be performed in the workplace.