The Value of Determining the Relative Competitive Strength of Each

question 36

Multiple Choice

The value of determining the relative competitive strength of each business a company has diversified into is to

• A)have a quantitative basis for identifying which businesses have large/small competitive advantages or competitive disadvantages vis-à-vis the rivals in their respective industries.
• B)have a quantitative basis for rating them from strongest to weakest in terms of contributing to the corporate parent's revenue growth.
• C)compare resource strengths and weaknesses,business by business.
• D)have a quantitative basis for rating them from strongest to weakest in contending for market leadership in their respective industries.
• E)have a quantitative basis for rating them from strongest to weakest in terms of contributing to the corporate parent's profitability.

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Definitions:

Invoice

A document issued by a seller to a buyer listing the goods or services provided, their prices, and the total amount due.

Enforceable

A legal term denoting that an agreement or contract is legally binding and can be upheld in court.

Statute of Frauds

A legal principle that requires certain types of contracts to be in writing and signed by all parties involved in order to be enforceable.

Oral Contract

A verbal agreement between parties that is legally binding, though not in written form.