BUSA 2100 Chapter 5 Review Quiz with Complete Solutions 100% Correct
What does an organization experience when it is reluctant to change strategies or competitive practices that have been successful in the past?
a. strategic dissonance
b. strategic inertia
c. competitive dissonance...
What does an organization experience when it is reluctant to change strategies or
competitive practices that have been successful in the past?
a. strategic dissonance
b. strategic inertia
c. competitive dissonance
d. competitive inertia - Answer- d. competitive inertia
What is another term for SWOT analysis?
a. market audit analysis
b. firm-level strategy analysis
c. competitive advantage analysis
d. situational analysis - Answer- d. situational analysis
Companies in the chemical industry are struggling to attract the most talented college
and university graduates. One big challenge facing these companies is attracting new
talent to organizations with an old economy image. In a situational analysis, what term
would be associated with this challenge?
a. internal threat
b. external opportunity
c. internal weakness
d. internal opportunity - Answer- c. internal weakness
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