_6._I_n_a_situationa_l_analysis_,_a_strategi_c_grou_p_i_s_a_grou_p_of _tha_t_to_p_manager_s_choos_e_fo_r_comparing,
Evaluating, and benchmarking their company's strategic threats and opportunities.

Question

_6._I_n_a_situationa_l_analysis_,_a_strategi_c_grou_p_i_s_a_grou_p_of _tha_t_to_p_manager_s_choos_e_fo_r_comparing, Evaluating, and benchmarking their company's strategic threats and opportunities.

Quizplus · Accepted Answer

Benchmarking against other firms within an industry is the best choice for evaluating strategic threats and opportunities as it allows for a comparison of performance and strategies among competitors. Non-industry-specific companies may not provide relevant information, expert managers may not have a deep understanding of the industry, trade journals and periodicals may provide information but not direct comparison, and consulting firms that use the Delphi technique may not provide industry-specific recommendations. Therefore, D is the most appropriate choice.

6 In a situational analysis, a strategic group is a

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