For a Particular Company Resource/capability to Have Real Competitive Power

question 14

Multiple Choice

For a particular company resource/capability to have real competitive power and perhaps qualify as a basis for competitive advantage, it should

• A) be hard to copy, be rare and something rivals lack, be competitively valuable, and not be easily trumped by substitute resource strengths possessed by rivals.
• B) be something that a company does internally rather than in collaborative arrangements with outsiders.
• C) be patentable.
• D) bean industry key success factor and occupy a prime position in the company's value chain.
• E) have the potential for lowering the firm's unit costs.

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Definitions:

Best Way

Optimal method or approach to achieve a specific goal or outcome, often context-dependent and subject to individual or situational variables.

Value Of Dreams

The importance or significance attributed to dreams, often seen as a window into the unconscious mind or as containing hidden truths and insights.

Hidden Conflicts

Refers to internal struggles or disagreements that are not evident on the surface but influence behavior and emotions.

Fulfill Wishes

To satisfy or achieve desires or hopes, often contributing to personal happiness or well-being.