Which One of the Following Is Not Something That Can

question 68

Multiple Choice

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

• A) 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/or 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:

Manufacturing Overhead

includes all production costs other than direct materials and direct labor, such as indirect materials, indirect labor, and factory-related expenses.

Cost of Goods Sold

The total cost directly associated with producing goods that have been sold during a specific period.

Direct Material Purchased

The total quantity and cost of raw materials acquired for use in the production process.

Accounting Records

Documentation and books that systematically and comprehensively record the financial transactions of an entity, allowing for financial tracking and reporting.