The Value of Doing Competitive Strength Assessment Is to

question 42

Multiple Choice

The value of doing competitive strength assessment is to

• A)determine the competitiveness of the company's core competencies.
• B)learn if the company's market opportunities are better than those of its rivals.
• C)learn whether a company has a distinctive competence.
• D)learn how the company ranks relative to rivals on each of the important factors that determine market success and ascertain whether the company has a net competitive advantage or disadvantage vis-à-vis key rivals.
• E)determine whether a company's resource strengths are sufficient to allow it to earn bigger profits than rivals.

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Definitions:

Global Strength

The capacity of a country, company, or organization to influence international events, markets, or economies on a worldwide scale.

U.S. Brands

Brands originating from the United States that are recognized for their products or services domestically and/or internationally.

Financial Crisis

A situation where financial assets suddenly lose a large part of their nominal value, leading to economic instability and potential collapse.

Nonprofit Organization

An entity that operates for the advancement of a public or social cause, rather than for the profit or gain of its directors or shareholders.