The Key to Achieving Competitiveness, Earning Above-Average Returns, and Remaining

question 61

Multiple Choice

The key to achieving competitiveness, earning above-average returns, and remaining ahead of competitors in the long run is to manage current core competencies:

• A) in a way that uniquely bundles and leverages the firm's existing resources.
• B) while simultaneously developing new ones.
• C) and imitate the core competencies of successful competitors.
• D) in order to preserve and enhance them against the firm's competitors.

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Definitions:

Office Building

A structure designed and utilized primarily for the purpose of providing workspaces and offices for businesses and professionals.

Residential Apartment

A housing unit in a building or property, intended for use as a dwelling place by individuals or families.

Tenancy-at-Sufferance

A situation where a tenant remains in possession of property after the expiration of the lease, without the consent of the landlord.

Lease Terminated

The end of a lease agreement, either at the conclusion of the specified term, by mutual agreement, or as a result of one party breaching the contract terms.