STR 581 help A Guide to career/uophelp.com STR 581 help A Guide to career/uophelp.com | Page 55

10.One of the limitations of SWOT analysis is that it can do this to a
single strength or element of strategy.
11.Value chain analysis takes a
12. Which of the following is an example of a primary activity in the
typical firm?
13. In VCA, which method of cost accounting is preferred?
14. This is an internal analysis technique wherein strategists
examine customers’ needs, company offerings, and competitors’
offerings to more clearly articulate what their company’s
competitive advantage is and how it differs from those of
competitors.
15. The first step of this type of analysis involves a firm determining
what their customers value and why they value it.
16. Once a hypothesis about competitive advantage has been
developed by a firm through three circles analysis, it should be
tested by
17. This is a method of comparing the way a company performs a
specific activity with a competitor, potential competitor, or company
doing the same thing.
18. Companies committed to this process attempt to isolate and
identify where their costs or outcomes are out of line with what they
identify as the best practices of competitors or other companies or
organizations that undertake similar tasks.
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