The Value of Doing Competitive Strength Assessment Is to

question 111

Multiple Choice

The value of doing competitive strength assessment is to

• A) determine how competitively powerful the company's core competencies are.
• B) learn if the company's market opportunities are better than those of its rivals.
• C) learn whether a company has a distinctive competence.
• D) learn how the company ranks relative to rivals on each of the important factors that determine market success and ascertain whether the company has a net competitive advantage or disadvantage vis-à-vis key rivals.
• E) determine whether a company's resource strengths are sufficient to allow it to earn bigger profits than rivals.

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Definitions:

Bulldozer

A heavy, tractor-like vehicle with a large, metal plate used to push large quantities of soil, sand, rubble, or other such material during construction or conversion work.

Capital Loss Deduction

A tax deduction for losses incurred on the sale of an asset held for investment, allowing for the offset of capital gains or regular income up to certain limits.

Business Property

Assets and property owned by a business used in the operation and function of the business, including real estate, equipment, and intellectual property.

Casualty

A sudden, unexpected, or unusual event that causes damage or loss, often used in reference to natural disasters for tax deduction purposes.