If a Company Doesn't Possess Standalone Resource Strengths Capable of Contributing

question 124

Multiple Choice

If a company doesn't possess standalone resource strengths capable of contributing to competitive advantage,

• A) all potential for competitive advantage is lost.
• B) it is unlikely to survive in the marketplace and should exit the industry.
• C) it may have a bundle of resources that can be leveraged to develop a distinctive competence.
• D) it is virtually blocked from using offensive strategies and must rely on defensive strategies.
• E) its best strategic option is to revamp its value chain in hopes of creating stronger competitive capabilities.

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Definitions:

Atmospheric Pressure

The force per unit area exerted onto a surface by the weight of air above that surface in the Earth's atmosphere.

Altitude

The elevation of a point or object measured from sea level or the surface of the earth.

Collision-Coalescence

A process in cloud formation where water droplets collide and merge to form larger droplets, an essential mechanism in the growth of raindrops.

Condensation Nuclei

Tiny airborne particles around which water condenses to form clouds.