A Company Resource Weakness or Competitive Deficiency

question 119

Multiple Choice

A company resource weakness or competitive deficiency

• A) represents a problem that needs to be turned into a strength because weaknesses prevent a firm from being a winner in the marketplace.
• B) causes the company to fall into a lower strategic group than it otherwise could compete in.
• C) prevents a company from having a distinctive competence.
• D) usually stems from having a missing link or links in the industry value chain.
• E) is something a company lacks or does poorly (in comparison to rivals) or a condition that puts it at a disadvantage in the marketplace.

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Definitions:

Z-Score

The most fundamental standard score, which is created by converting an individual’s raw score to a new score that has a mean of 0 and a standard deviation of 1.

Psychotic Tendencies

Refers to patterns of thought and behavior that indicate a disconnection from reality, which may include symptoms such as hallucinations or delusions.

Standard Deviation

A statistical measure that quantifies the amount of variation or dispersion of a set of data points around the mean.

Standard Error of Measurement (SEM)

A statistical measure that reflects the amount of error in the scores of a test, indicating how much measured test scores are expected to fluctuate around a true score.