_____ is an internal analysis technique wherein strategists examine customers' needs,company offerings,and competitors' offerings to more clearly articulate what their company's competitive advantage is and how it differs from those of competitors.
A) Resource-based view
B) Three-circles analysis
C) SWOT analysis
D) Value chain analysis

Question

Quizplus · Accepted Answer

Three-circles analysis is an internal analysis technique where strategists examine three overlapping circles representing customers' needs, company offerings, and competitors' offerings to identify the company's unique competitive advantage. This technique helps companies to differentiate themselves from competitors and carve out a distinctive market position. Resource-based view focuses on a company's internal resources and capabilities, SWOT analysis evaluates a company's strengths, weaknesses, opportunities, and threats, and value chain analysis examines a company's primary and support activities to create value for customers and gain a competitive advantage.

_____ Is an Internal Analysis Technique Wherein Strategists Examine Customers