Why are the opportunities and threats facing a principal competitor not compared in competitive
comparison framework?
How are the strengths and weaknesses of a competitor analyzed if the marketing
plan of an organization demands a four quadrant SWOT analysis?
The competitive comparison framework does not compare opportunities and threats directly, because these are
often very similar across the principal competitors, resulting in little additional insight. If the marketing plan format
of the organization demands a typical SWOT four quadrant diagram, it is a simple matter to append market
opportunities and threats to the strengths and weaknesses.
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Isaac applied for a loan from Livingstone Bank and was denied the loan two weeks later. He discovered that the reason behind the denial was that the bank considered him a huge credit risk because a credit report stated that he was an alcoholic. Isaac claimed that this information was not true. Which of the following acts will allow Isaac to approach Livingstone Bank for reconsideration of his loan application?
A. Equal Credit Opportunity Act B. Fair Credit Billing Act C. Fair Debt Collection Practices Act D. Fair Credit Reporting Act
Shortly after a team enters a competition, the team:
a. Experiences a decrease in cohesion b. Experiences an increase in internal conflict c. Experiences an increase in group spirit d. Experiences a decrease in productivity
Which element below is not considered to be one of the main aspects of power within organizations?
a. Referent power b. Legitimate power c. Reward power d. Coercive power
Which of the following is true regarding breakup fees?
a. They are sometimes characterized as liquidated damages. b. The Securities and Exchange Commission prohibits the payment of breakup fees. c. Breakup fees are typically 20 to 25 percent of the value of the deal. d. They are sometimes characterized as liquidated damages, and breakup fees are typically 20 to 25 percent of the value of the deal.