Exam 4: Developing Competitive Advantage and Strategic Focus

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Strengths are typically based on the existence and nature of the __________ possessed by the firm. Weaknesses stem from a lack of these important factors.

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Identify and explain the major characteristics of marketing objectives.

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All of the following are benefits of SWOT analysis EXCEPT:

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The overall concept or model that guides the firm as it weaves various marketing elements together into a coherent strategy is called its:

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__________ typically occur within the competitive. customer. economic. political/legal. technological. and/or sociocultural environments of the firm.

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