Business Strategy / Revised Questions and Answers / 2024

In evaluating how well a company's strategy is working, the best place to start is with a A. SWOT analysis. B. clear view of what that strategy entails. C. value chain analysis. D. competitive strength analysis. E. financial ratio analysis. - B. clear view of what that strategy entails. Which of the following is NOT one of the six questions that comprise the task of evaluating a company's resources and competitive position? A. What are the company's most profitable geographic market segments? B. How well is the company's present strategy working? C. How do a company's value chain activities impact its cost structure and customer value proposition? D. Is the company competitively stronger or weaker than key rivals? E. What strategic issues and problems merit front-burner managerial attention? - A. What are the company's most profitable geographic market segments? Which of the following is NOT an analytical tool for revealing a company's competitiveness and for helping to match the strategy to the company's own particular circumstances? A. resource and capability analysis B. SWOT C. value chain analysis D. best practice concept E. competitive strength analysis - D. best practice concept