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The four main analytical tools discussed in the textbook include a SWOT analysis, value chain analysis, benchmarking, and competitive strength assessment. After reviewing these tools
The four main analytical tools discussed in the textbook include a SWOT analysis, value chain analysis, benchmarking, and competitive strength assessment. After reviewing these tools as discussed in your textbook, answer the following questions in depth:
- Which one do you believe is the most effective at revealing a company's competitiveness and helping company managers align their strategy to the company's specific circumstances and share why?
- How might a company's access to resources influence which tool(s) are implemented?
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