1. Define strategic competitiveness and average returns.

2. What is the relationship between strategic competitiveness and returns on investment?

3. Explain why it is important for organizations to analyze and understand the external environment.

4. Describe the importance of internal analysis to the strategic success of the firm. Should not-for-profit organizations perform the internal analysis? Why or Why not?

5. When a firm chooses a business-level strategy, it must answer the questions "Who? What? And How?"What are these questions and why are they important?

6. What factors contribute to the likelihood of are sponge to a competitive action?

Answer rating: 100% (QA)

1 By definition strategic competitiveness refers to a business position taken by a firm to achieve higher returns and a bolstered operational efficacy compared to other firms thriving in the same indu... View the full answer