Answered

Which of the following activities would be most helpful in figuring out your company's competitive advantages?

A. Limiting your scope
B. A SWOT analysis
C. Setting company values
D. Demographic research

Please select the best answer from the choices provided.



Answer :

GinnyAnswer

Final answer:

A SWOT analysis is crucial for determining a company's competitive advantages by evaluating its internal strengths and weaknesses along with external opportunities and threats.


Explanation:

SWOT Analysis in Determining Competitive Advantages

Among the listed activities, the most helpful in figuring out a company's competitive advantages is a SWOT analysis. This analysis involves identifying the Strengths, Weaknesses, Opportunities, and Threats of a business in relation to its competitors and market environment.

For example, a SWOT analysis for a company like Company X would highlight its innovative products (strength), inefficient supply chain (weakness), emerging market trends (opportunity), and aggressive competitors (threat).


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