To Successfully Imitate the Strategy of Another Firm, an Organization

question 10

Multiple Choice

To successfully imitate the strategy of another firm, an organization must

• A)identify and diagnose the rival's advantage, believe in its ability to deliver a superior return, and, finally, acquire the resource.
• B)identify and diagnose the rival's advantage, and then acquire the resource.
• C)benchmark the rival's activities and resources, believe in a superior return, and build the rival's resource in-house.
• D)benchmark the rival's activities and resources, identify the rival's weaknesses, and, finally, believe in its ability to deliver a superior return.

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Definitions:

Muscular Coordination

The ability to use different parts of the body together smoothly and efficiently.

Creeping

A form of locomotion where an infant starts moving on their hands and knees before they are able to walk, typically occurring around 6 to 10 months of age.

Grasping Objects

The act of taking hold of and holding an object using the hands or fingers, a skill that develops early in human life.

Thumb

The first digit of the human hand, set lower and apart from the other four, providing a wide range of motion that enables grasping and manipulation of objects.