For All Types of Generic Strategies, a Company's Success in Sustaining

question 62

Multiple Choice

For all types of generic strategies, a company's success in sustaining its competitive edge depends on

• A)its market and competitive environment, a defensible niche, and a homogeneous strategic group.
• B)establishing a central theme for how the company will endeavor to outcompete its rivals and engage complementors with cooperative strategies.
• C)having resources and capabilities that rivals have trouble duplicating and for which there are no good substitutes.
• D)defining its differences in terms of product line, production emphasis, location, joint ventures, and strategic alliances.
• E)defining its differences in terms of marketing emphasis, strategic group intracompetition, and the means of maintaining strategy.

---

Definitions:

Suppliers

Companies or individuals that provide goods or services to other businesses, often playing a crucial role in a supply chain.

Internal Analysis

Examination of an organization's internal environment, including its resources, capabilities, and systems, to assess strengths and weaknesses.

Strategic Decision Makers

Individuals or groups within an organization responsible for making high-level choices that significantly affect the company’s direction, objectives, and overall performance.

Organizational Skills

The ability to use one's time, energy, and resources effectively to achieve goals and meet deadlines in a professional setting.