Which of the following DOES NOT define the sustainablecompetitive advantage component of strategy? Group of answer choices
Question:
Which of the following DOES NOT define the “sustainablecompetitive advantage” component of strategy?
Group of answer choices
Includes assets, capabilities and activities that when workingtogether create customer value that is unique from competitors
Usually arises from collaboration among people with differingexpertise working in different functions of the organization
Provides lasing reasons for customers to prefer the company’sproducts over its competitors
Describes how the company creates and delivers customervalue
Includes the product, services, assets and customer value acompany delivers to its customers
Which of the following statements is NOT TRUE regardingthe “superior company performance” component ofstrategy?
Achieving superior company performance is the ultimate goal ofstrategy
Revenue growth, profit growth and margins, stock priceappreciation, and increase in share of market points can beevaluated vs. competitors to determine how well a company’sstrategy is performing
All measures taken together are, overall, the most reliable wayto assess company performance
The single best measure, for a quick assessment of companyperformance, is stock price appreciation.
Achieving superior company performance is the most importantcomponent of strategy
Which of the following BEST describes the components inthe process used for performing strategic analysis to determinewhat strategic changes a company might need to make?
Group of answer choices
Analysis of financial and strategic objectives, revenue growth,profit growth and margins, Stock price appreciation, and increasein share of market “points” vs competitors
Competitor analysis, capabilities assessment, customer analysis,company performance assessment, macro factor and industry analysis,and cost analysis
Analysis of assets, capabilities, and processes
Macro factor and industry analysis followed by comprehensivecompetitor analysis
Competitor analysis, capabilities assessment, customer analysis,company performance assessment, and cost analysis
Of the components of strategy, which is the mostimportant component and why?
Attractive customer targets that tend to be higher income, moreaffluent, and better educated because they provide the necessaryendorsement of the company’s products and services
Sustainable Competitive Advantage (SCA) because it provides thebasis for the company to compete differently over the long term
Achieving superior company performance including producing thehighest profit margins among competitors because profits generatecash that can be reinvested in the business
Delivering superior customer value, both tangible andintangible, that is unique vs. competitors because it indicates howbuyers wants and needs are being satisfied and what benefitsthey’re obtaining from the company’s products and services
The degree of vertical integration a company achieves vs.competitors because it indicates how well a company is controllingsupply and distribution of product in the industry
Expert Answer:
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