Identifying the strategic issues a company faces and compiling a "worry list" of problems and roadblocks is an important component of

company situation analysis because

Multiple Choice

the "worry list" sets the management agenda for taking actions to improve the company's performance and business outlook.

the "worry list" helps company managers clarify their thinking about how best to modify the company's value chain.

without a precise fix on what problems$/$issues a company confronts, managers cannot know what the industry's key success

factors are.

without a precise fix on what problems$/$roadblocks a company confronts, managers are less clear about what value chain

activities to benchmark.

these issues and obstacles must be cleared before management can focus clearly on what is the best strategy for the