Which of the Following Is the Most Important Factor in Screening

question 3

Multiple Choice

Which of the following is the most important factor in screening and preliminary investigation?

• A) Ability to manufacture and service the product
• B) Ability to serve customers' needs
• C) Market potential
• D) Competitive advantage gained with the product
• E) Consistency with corporate objectives

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Definitions:

Value Chain

A series of activities performed by a company to deliver a valuable product or service to the market.

Strategic Importance

Significance associated with a decision or action that affects the long-term objectives and competitive positioning of an organization.

Strategic Management

The ongoing planning, monitoring, analysis, and assessment of all necessities an organization needs to meet its goals and objectives.

Competitive Advantages

Unique attributes or capabilities that allow a company to outperform its competitors, including superior products, processes, or technologies.