Management Notes

Reference Notes for Management

A company weakness or competitive deficiency

A company weakness or competitive deficiency

A company weakness or competitive deficiency

 Options:

A. represents a problem that needs to be turned into a strength because weaknesses prevent a firm from being a winner in the marketplace.
B. causes the company to fall into a lower strategic group than it otherwise could compete in.
C. prevents a company from having a distinctive competence.
D. usually stems from having a missing link or links in the industry value chain.
E. are shortcomings that constitute competitive liabilities.

The Correct Answer Is:

E. are shortcomings that constitute competitive liabilities.

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