Examining Whether a Firm Has Resources and Capabilities to Perform

question 31

Short Answer

Examining whether a firm has resources and capabilities to perform a particular activity in a manner superior to competitors is known as _________ in SWOT analysis.
a. Parity
b. Competition
c. Benchmarking
d. Deskmarking
e. Standardization

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Definitions:

Conjunction

In logic and grammar, it refers to the combination of two statements or clauses linked in such a way that both must be true for the combined statement to be true.

Chess Set

A collection of 32 chess pieces, including kings, queens, bishops, knights, rooks, and pawns, used in the game of chess along with a chessboard.

Probability

A measure of the likelihood or chance that a certain event will occur, which varies between 0 (impossible) and 1 (certain).

Coin Flip

A basic randomization method used to determine outcomes by flipping a coin.