Answered

Get expert advice and community support for all your questions on IDNLearn.com. Discover detailed and accurate answers to your questions from our knowledgeable and dedicated community members.

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.

Sagot :

GinnyAnsweridn

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).


Learn more about SWOT Analysis in Business here:

https://brainly.com/question/49984453


We appreciate your participation in this forum. Keep exploring, asking questions, and sharing your insights with the community. Together, we can find the best solutions. Discover the answers you need at IDNLearn.com. Thanks for visiting, and come back soon for more valuable insights.