Examples of a Potential Resource Weakness or Competitive Deficiency for a Company

question 6

Multiple Choice

Examples of a potential resource weakness or competitive deficiency for a company do not include

• A)less productive R&D efforts than rivals
• B)having a single, unified functional strategy instead of several distinct functional strategies
• C)lack of a strong brand image and reputation (as compared to rivals)
• D)higher overall unit costs relative to rivals
• E)too narrow a product line relative to rivals

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Definitions:

Expert Power

Expert power is the influence one possesses due to their high level of skills, knowledge, or expertise in a particular area, which can impact others' behavior or decisions.

Trustworthy

describes the quality of being reliable, honest, and able to be trusted.

Technical Skills

Specific abilities and knowledge related to particular areas of expertise or technology necessary for proficient performance in a job or task.

Factual Knowledge

Pertains to information that is based on actual facts or reality, often verified through empirical evidence.