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.

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Definitions:

Liable

Legally responsible or obligated to provide compensation for harm, loss, or damage caused.

Irrevocable

Unable to be changed, reversed, or recovered; final.

Competing

Engaging in a rivalry or competition with others in an attempt to achieve a specific goal, often referring to businesses vying in the same market or industry.

Terminated

Refers to the ending or discontinuation of something, such as employment, a contract, or a project.