Distinguish between market commonality and resource similarity. Apply these concepts to two rival firms that you are familiar with.
Answer to relevant QuestionsLet’s say you work for McDonald’s and you applied Porter’s Five-Forces Model to study the fast-food industry. Would information in your analysis provide factors more readily to an EFE Matrix, a CPM, or to neither ...In developing an EFE Matrix, would it be best to have 10 opportunities and 10 threats, or would 17 opportunities (or threats) be fine with 3 of the other to achieve a total of 20 factors as desired? How does the external audit affect other components of the strategic-management process? Define, compare, and contrast the weights versus ratings in an EFE Matrix. Rate the seven websites in Table 4-5 from best to worst for finding comparative financial ratio information about a company.
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