The Basic Purpose of Calculating Competitive Strength Scores for Each

question 24

Multiple Choice

The basic purpose of calculating competitive strength scores for each of a diversified company's business units is to

• A)rank the business unit from best to worst in terms of potential for cost reduction and profit margin improvement.
• B)provide a quantitative measure of the overall market strength and competitive standing for each business unit.
• C)determine which business unit has the greatest number of resource strengths,competencies,and competitive capabilities,and which one has the least.
• D)determine which one has the biggest market share and is growing the fastest.
• E)rank each business unit's strategy from best to worst.

---

Definitions:

Logistic Equation

A mathematical model used to describe the growth of populations under limiting factors, showing how a population can reach a carrying capacity.

Exponential Growth

A pattern of data that increases more rapidly in proportion to the growing total number, commonly seen in populations or investments.

Carrying Capacity

The maximum population size of a species that an environment can sustain indefinitely, given the food, habitat, water, and other necessities available in the environment.

Logistic Equation

A mathematical model used to describe the growth of populations under limiting conditions, showing a sigmoid curve.