A Company Resource Weakness or Competitive Deficiency

question 120

Multiple Choice

A company resource weakness or competitive deficiency

• A)represents a problem that needs to be turned into a strength because weaknesses prevent a firm from being a winner in the marketplace.
• B)causes the company to fall into a lower strategic group than it otherwise could compete in.
• C)prevents a company from having a distinctive competence.
• D)is something a company lacks or does poorly (in comparison to rivals)or a condition that puts it at a disadvantage in the marketplace.
• E)usually stems from having a missing link or links in the industry value chain.

---

Definitions:

Microevents

Microevents are small occurrences or actions that may seem insignificant by themselves but can have important implications or contribute to larger trends or outcomes.

Metaphoric Analysis

A method of interpretation that examines the use of metaphors to represent ideas and concepts.

Observing

The act of carefully watching or monitoring something or someone in order to gain information or understanding.

Interviewing

Interviewing is the act of asking questions and obtaining information from people, often used in research, journalism, and employment processes.