Question: 2 3 . The steps in doing a competitive strength assessment include 4 Se ) and umming the ratings toget an overall measure of competive

23. The steps in doing a competitive strength assessment include4 Se)and umming the ratings toget an overall measure of competive stength for each company rating the frm and ts fivals on each factor (using a scaleof toB Selecting b to lo product attributes and features that are most popular with buyers, assigning importance weights to each of these attributes/features, rating the firmand its rivals on each attribute/feature, and summing the ratings to get an overall measure of competitive strength for each company. making a list of the industry's key success factors and most telling measures of competitive strength or weakness (usually 6 to 10 measures will suffice) and rating the firmand its rivals on each competitive strength measure (preferably on a scale of 1 to 10, where 1= competitively very weak and 10= competitively very strong).D weighting each company's overall competitive strength score by its percentage share of total industry profits.making a list of the industry's most competitively important resources and capabilities and then assigning weights to each of these based on their perceived importancei endolls a comoaly to oecoe ne 0uslly eaoel alo thell Mottalll ItS ieauersllo OOSilOll OVEI

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