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:

Achievement-Related Domain

A field or area of activity where the accomplishment or mastery of specific tasks is a primary goal.

Ego Resilient

The ability to adaptively and effectively bounce back from adversity or stress, maintaining psychological health.

Ego Controlled

Refers to behaviors and decisions that are regulated or influenced by the ego, based on reality and rationality rather than impulse.