Company X focuses on one attribute of its business that it performs as well or better than its competitors. This attribute is Company X's:Multiple choice question.benchmarkdivision of laborcore focuscore competency

Which of the following is not put under focus during performance benchmarking?  A. Elements of cost  B. Technical quality  C. Number of employees in organization  D. Product or service features

What are attributes of a company that give it a competitive advantage or superior position?WeaknessesOpportunitiesThreatsStrengths

Because Nike is superior at designing and marketing athletic shoes, this is considered to be their:Multiple choice question.core competencyabsolute advantagecore focusbenchmark

What is a core competency?Answer areaA company's primary productAn activity a company perform better than is competitorsMission statement of a competitorA company's market share

In making an overall assessment of a company’s competitive strength, the answer to which questions are of particular interest?Multiple Choice(1) Is the company’s resource strength sufficient to allow it to earn bigger profits than rivals, and (2) Are market opportunities unique, rare, long-lasting, and not able to be copied by rivals?(1) Is the company’s resource strength sufficient to allow it to earn bigger profits than rivals, and (2) Are market opportunities unique, rare, long-lasting, and not able to be copied by rivals?(1) How does the company rank relative to competitors on each important market success factor, and (2) Is the company’s resource strength sufficient to allow it to earn bigger profits than rivals?(1) How does the company rank relative to the competitors on each important market success factor, and (2) Does the company have a net competitive advantage or disadvantage versus major competitors?(1) Does the company have a gross competitive advantage or disadvantage versus major competitors, and (2) Does the company do a first-rate job of managing its value chain activities relative to its competitors?