Doing a competitive strength assessment entails
A) determining whether a company has a cost-effective value chain.
B) ranking the company against major rivals on each of the important factors that determine market success and ascertaining whether the company has a net competitive advantage or disadvantage versus major rivals.
C) identifying a company's core competencies and distinctive competencies (if any).
D) analyzing whether a company is well positioned to gain market share and be the industry's profit leader.
E) developing quantitative measures of a company's chances for future profitability.

Question

Quizplus · Accepted Answer

A competitive strength assessment involves comparing a company to its major rivals and evaluating its net competitive advantage or disadvantage in the market. This involves ranking the company on important factors that contribute to market success. The other options (A, C, D, and E) are important considerations in assessing a company's competitiveness, but they are not the primary focus of a competitive strength assessment.

Doing a Competitive Strength Assessment Entails