By Emphasizing Core Competencies When Formulating Strategies, Companies Learn to Compete

question 102

Multiple Choice

By emphasizing core competencies when formulating strategies, companies learn to compete primarily on the basis of:

• A) intangible resources.
• B) their primary activities.
• C) firm-specific differences.
• D) efficiency of production.

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Definitions:

Uncertainty

The condition of being unsure or having doubts about something, often leading to a lack of confidence in decisions.

Novel Features

Unique or distinctive attributes, characteristics, or aspects not previously known or recognized.

Positive Traits

Characteristics of an individual that are beneficial, admirable, and contribute to their success or well-being.

Positive Personality

Traits that reflect a generally optimistic, constructive, and pleasing character or demeanor.