SWOT analysis:
A. provides a measure of the relative strength of resources in the company's value chain in relation to rivals positioning.
B. is a tool for benchmarking whether a firm's strategy is closely matched to industry key success factors.
C. reveals whether a company is competitively stronger than its closest rivals.
D. provides a good overview and conclusions about the company's overall situation.
E. identifies the reasons why a company's strategy is or is not working very well.
Answer: provides a good overview and conclusions about the company's overall situation.
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Management Chapter 4
- Which of the following is NOT accurate as concerns the task of identifying the strategic issues and problems that merit front-burner managerial attention?
- Which of the following is NOT part of the task of identifying the strategic issues and problems that merit front-burner managerial attention?
- Identifying the strategic issues and problems that merit front-burner managerial attention:
- Identifying the strategy-related issues and problems that company managers need to address and resolve for the company to be more financially and competitively successful entails all of the following EXCEPT:
- Identifying the strategic issues a company faces and compiling a "worry list" of problems and roadblocks is an important component of company situation analysis because:
- A company's competitive strength scores pinpoint its strengths and weaknesses against rivals and:
- Calculating competitive strength ratings for a company and comparing them against strength ratings for its key competitors helps indicate:
- The company with the highest rating on a given measure has an implied competitive edge on that specific measure, with the size of its edge:
- Which one of the following is NOT something that can be learned from doing a competitive strength assessment?
- Which one of the following is an accurate interpretation of the scores that result from doing a competitive strength assessment?
- Quantitative measures of a company's competitive strength:
- Calculating competitive strength ratings for a company and its rivals using the industry's most telling measures of competitive strength or weakness:
- A higher company's overall weighted strength rating does not signal:
- In a weighted competitive strength analysis, each strength measure is assigned a weight based on:
- In a weighted competitive strength assessment, the sum of the weights should add up to:
- Competitive strength can be determined by assigning measures based on perceived importance because:
- Assigning a weight to each measure of competitive strength assessment is generally analytically superior because:
- Understanding where the company is competitive requires:
- The value of doing competitive strength assessment is to:
- The road to competitive advantage begins with management's efforts:
- When companies engage in value-creating activities, they do so by:
- Resource analysis is a tool:
- To build a competitive advantage by out-managing rivals in performing value chain activities, a company must:
- For a company to translate its performance of value chain activities into competitive advantage, it must:
- A company's value-creating activities can offer a competitive advantage in one of two ways: