The things a business currently possesses and does well are calledMultiple Choicestrengths.threats.weaknesses.opportunities.

Strengths, weaknesses, opportunities, threats are components of _____.Multiple choice question.a SWOT analysisa diversity and synergy analysisa strategy formulationa strengths and weaknesses organizational analysis

The business activities that add high value to business operation and acts a differentiator in a firms' competitiveness while making decision regarding outsourcing is calleda.Necessary Evilsb.Order winnersc.Qualifiersd.Distractors

A company that is at a disadvantage in the marketplace because it lacks competitively valuable resources possessed by rivalsMultiple Choiceshould adopt a new competitive strategy that might better match the circumstances of the marketplace.should abandon strategy elements that have caused its weakness in the marketplace.should undertake efforts to develop a distinctive competence.is virtually blocked from using offensive strategies and must rely on defensive strategies.nearly always is relegated to a trailing position in the industry.

III. Identify the following characteristics if it is a STRENGTH, WEAKNESS, OPPORTUNITY, or a THREAT in a business. Answers cannot be repeated.Expensive materials*1 pointSTRENGTHWEAKNESSOPPORTUNITYTHREATGreat marketing*1 pointSTRENGTHWEAKNESSOPPORTUNITYTHREATImprove green environmental production*1 pointSTRENGTHWEAKNESSOPPORTUNITYTHREATPoor design development*1 pointSTRENGTHWEAKNESSOPPORTUNITYTHREAT

Companies that outsource strategically important operations run the risk ofMultiple choice question.assuming too much control over critical operations.reducing operating costs of the company that they partner with.weakening their ability to sustain their competitive advantage in areas vital to the company's success.reducing the capabilities of the company responsible for performing the outsourced activity.