Which of the Following Best Describes the Competitive Advantage Perspective

question 1

Multiple Choice

Which of the following best describes the competitive advantage perspective that looks at the impact of external factors?

• A) Resource-based view
• B) Guerilla view
• C) Industrial organization view
• D) All of the answer choices are correct.
• E) None of the answer choices is correct.

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Definitions:

Situational Approach

A leadership model suggesting that the most effective leadership style varies according to the situation and the level of readiness of the followers.

Participative

denotes a leadership style or decision-making process that involves input and active participation from all members of a group or organization.

Achievement-oriented

Focused on setting and accomplishing goals, often with high standards and a strong drive for success.

Leader's Style

Describes the methods, behaviors, and strategies a leader uses to influence the actions and attitudes of followers.