Match the following numbered items with the most correct response letter.
A response may be used once, more than once, or not at all.
You are contemplating opening a dry cleaning business in a commuter town. Assess the following information using SWOT analysis.
-When a company's combined economic value of its businesses is greater than the sum of their separate economic value

Question

Quizplus · Accepted Answer

Synergy is the concept that describes the situation when the combined value of a company's business units is greater than the sum of the separate values of each unit.

Answer: A
 Distinctive competence refers to the unique strengths and capabilities of a company that sets it apart from its competitors. It can be a helpful factor when conducting a SWOT analysis.

Answer: C
 Scope refers to the range of a company's activities, products, and services. Understanding the scope is an essential part of conducting a SWOT analysis as it can help identify potential opportunities and threats.

Answer: B
 Resource deployment is the process of allocating a company's resources in the most effective way possible to achieve strategic objectives. When conducting a SWOT analysis, considering a company's resource deployment can help identify areas where it can improve or where it may have an advantage.

Match the Following Numbered Items with the Most Correct Response