Which of the Following Best Defines a Distinctive Competence

question 3

Multiple Choice

Which of the following best defines a distinctive competence?

• A) It is what a company can make, do, or perform better than its competitors.
• B) It is creating or acquiring companies in completely unrelated businesses.
• C) It is the extent to which a competitor has similar amounts and kinds of resources.
• D) It is the competitive move designed to reduce a rival's market share or profits.

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Definitions:

Heuristic

A problem-solving approach using practical methods or various shortcuts to produce solutions that may not be perfect but are sufficient for the immediate goals.

Optimal Solution

The best possible outcome or answer to a problem, often found through specific methods or algorithms in mathematics, computer science, or operations research.

Visual Images

Mental representations of objects, scenes, or events that are not physically present, often used in cognitive and perceptual psychology.

Manipulate

To skillfully handle, control, or use something, often with the connotation of unfairness or deceit.