Conducting a competitive strength assessment does not involve an analysis of
A)factors on which a company is competitively strongest and weakest vis-à-vis key rivals.
B)whether a company should correct its weaknesses by adopting best practices and/or revamping the makeup of its value chain.
C)which of the rated companies is competitively strongest and what size competitive advantage it enjoys.
D)whether a company has a net competitive advantage or a net competitive disadvantage relative to key rivals (with the size of the advantage/disadvantage being indicated by the differences among the companies' competitive strength scores).
E)which rival company is competitively weakest and the areas where it is most vulnerable to competitive attack.

Question

Quizplus · Accepted Answer

Conducting a competitive strength assessment focuses on evaluating a company's strengths and weaknesses relative to its competitors, identifying areas of competitive advantage or disadvantage, and understanding the competitive landscape. It does not directly involve deciding on corrective actions such as adopting best practices or revamping the value chain, which are strategic decisions made after the assessment.

Conducting a Competitive Strength Assessment Does Not Involve an Analysis