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:

Structures of Authority

The systems and frameworks within which power is distributed and exercised in an organization or society.

Protest

A public demonstration of objection, disapproval, or dissent towards an idea or action, typically addressing political or social issues.

Afraid

The feeling of fear or apprehension about a potential or real danger, threat, or harm.

Secondary Group

A sociological term for a type of social group where interactions are impersonal, formal, and based on roles or activities rather than personal connections.