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.

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Definitions:

Conditioned Response

A learned reaction to a previously neutral stimulus that has become associated with an unconditioned stimulus through conditioning.

Conditional Reinforcement

Conditional reinforcement is the process by which a stimulus reinforces a behavior only when it is paired with a primary reinforcer or another strong reinforcer.

Contingent Reflex

A reflex action that depends on specific conditions or stimuli to occur, rather than happening automatically.

Conditioned Stimulus

A stimulus that initially does not elicit a specific response but comes to do so after being associated with an unconditioned stimulus.