2 C1 Choose 1 answer What is the last step in strategic planning? o Strategic control Goal setting SWOT analysis Strategy formulation EXT > BO Choose 1 answer What is the purpose of a value chain analysis? NEXT > To allow the company to implement an intranet and develop automated processes To help the company determine its commitment to ethics and social responsibility To allow the company to use a systematic approach in developing a competitive advantage To determine company stockholder satisfaction BOOKMARK CLEAR Choose 1 answer What is the main focus of SWOT analysis? VEXT > Uncovering an organization's strengths and weaknesses Determining a company's corporate structure and management style Establishing a factory's production rate and quality standards Developing a business's mission and vision statements BOOKMARK 5 Choose 1 answer What is evident when a company does something especially well in comparison to its competitors? Strategic liaisons Competitive objectives Urban location Core competencies Which competitive force is reduced by the barriers provided by government policies, capital requirements, brand identication, and cost disadvartagen? Choose 1 answer Threat of substitutes Threat of new entrants Threat of customer power Threat of supplier power examty practor