Doing a Competitive Strength Assessment Entails

question 67

Multiple Choice

Doing a competitive strength assessment entails

• A) determining whether a company has a cost-effective value chain.
• B) ranking the company against major rivals on each of the important factors that determine market success and ascertaining whether the company has a net competitive advantage or disadvantage versus major rivals.
• C) identifying a company's core competencies and distinctive competencies (if any).
• D) analyzing whether a company is well positioned to gain market share and be the industry's profit leader.
• E) developing quantitative measures of a company's chances for future profitability.

---

Definitions:

Consultative Leader

A person in charge who confers with group members before making a decision, but who retains the final authority to make decisions.

Consideration Dimension

An aspect of leadership behavior focused on creating mutual respect and trust with followers by showing concern for their needs and feelings.

Emotional Support

Assistance provided through empathy, concern, encouragement, and companionship to help individuals cope with stress, challenges, or emotional distress.

Environmental Creation

The process of developing or modifying habitats or surroundings to achieve specific objectives.