A Company That Lacks a Stand-Alone Resource That Is Competitively

question 102

Multiple Choice

A company that lacks a stand-alone resource that is competitively powerful may attempt to develop a competitive advantage through

• A)improved employee training programs, new marketing promotions, or technological enhancements to production processes.
• B)the development of a new business strategy that draws upon existing resource strengths.
• C)extensive strategic planning and resource identification sessions involving managers at all levels of the organization.
• D)bundled resources that enable superior performance of cross-functional capabilities that can be leveraged to support its business model and strategy.
• E)devising clever approaches to turning resource weaknesses into resource strengths.

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Definitions:

Cosmetic Procedures

Medical treatments aimed at enhancing or altering the appearance of the body without significant health reasons.

Middle-aged Women

Females in the mid-stage of life, typically considered to be between the ages of 40 and 65, facing various sociocultural and physiological changes.

Older Women

Adult females, usually defined as being of an age considered beyond the middle years, who may face unique health and social challenges.

Older Men

Refers to males of an advanced age, often implying increased wisdom, experience, or social status.