Which One of the Following Is Not Something That Can

question 125

Multiple Choice

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

• A) The 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 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

Understand the roles and limitations of corporate bylaws and articles of incorporation.

Comprehend the mechanisms and consequences of defective incorporation and the doctrine of estoppel in corporate law.

Know the legal status and rights of corporations under the U.S. Constitution.

Understand the procedures for dealing with ultra vires acts in a corporate setting.

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Definitions:

Retailing-oriented Era

A period in business history marked by the dominant focus on retail activities, where selling direct to customers through various retail outlets was prioritized.

Production-oriented Era

A period in business where the focus was on production efficiency and product improvement, often at the expense of consumer needs and preferences.

Sales-oriented Era

A period in business history when companies prioritized selling their products and convincing consumers to buy, often regardless of actual customer need.

Market-oriented Era

A period in business characterized by firms prioritizing customer needs and desires, focusing on market research, and product development to meet those needs.