1) Key success factors and core competencies are synonyms. 2) SWOT analysis is a method of determining external strengths and weaknesses and internal opportunities and threats. 3) Key success factors...

1) Key success factors and core competencies are synonyms.

2) SWOT analysis is a method of determining external strengths and weaknesses and internal opportunities and threats.

3) Key success factors are those activities that are key to achieving competitive advantage.

4) Which of the following statements is most correct? A) KSFs are often necessary, but not sufficient for competitive advantage. B) KSFs are often sufficient, but not necessary for competitive advantage. C) KSFs are neither necessary nor sufficient for competitive advantage. D) KSFs are both necessary and sufficient for competitive advantage. E) None of the above statements is correct.

5) An SWOT analysis determines: A) internal strengths and weaknesses and internal opportunities and threats. B) internal strengths and weaknesses and external opportunities and threats. C) external strengths and weaknesses and internal opportunities and threats. D) external strengths and weaknesses and external opportunities and threats. E) internal strengths and opportunities and external weaknesses and threats.

6) Define core competencies.