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Principles of Management - C483 WGU (Pre-Assessment), questions and answers. 100% Accurate 2024 | 30 Pages

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Industry and market analysis, competitor analysis, and social analysis are examples of which step in the strategic planning process? - -Analysis of external opportunities and threats Skilled management, positive cash flow, and well-known brands are examples of which component of the SWOT analysis? - -Strengths What denotes skills or expertise in an activity that constitutes the roots of competitiveness in an organization? - -Core competencies According to Michael Porter's competitive environment model, how can suppliers influence strategic planning? - -Suppliers can reduce manufacturing time and increase product quality. A company offers unique products in its industry to create a competitive advantage. Which type of strategy is the company using? - -Differentiation

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Principles of Management - C483 WGU










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Principles of Management - C483 WGU
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