To Build a Competitive Advantage by Out-Managing Rivals in Performing

question 46

Multiple Choice

To build a competitive advantage by out-managing rivals in performing value chain activities, a company must

• A)position itself in the industry's more favorably situated strategic group.
• B)develop resource strengths that will enable it to pursue the industry's most attractive opportunities.
• C)develop core competencies and maybe a distinctive competence that rivals don't have or can't quite match and that are instrumental in helping it deliver attractive value to customers.
• D)outsource all of its value chain activities to world-class vendors and suppliers.
• E)eliminate its resource weaknesses.

Recognize and differentiate between designated, assigned, and emergent roles within organizations.

Understand the universality and cultural specificity of nonverbal emotion expressions.

Recognize the impact of personal experiences and physical or social contexts on emotional expression and perception.

Comprehend the theories explaining the interplay between facial expressions and emotion experience.

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Definitions:

Emotional Effects

The impact of various factors on an individual's emotions and feelings, influencing mood and psychological state.

Economic Effects

The impact of various factors on the economy, including policies, market trends, and social changes, affecting business performance and societal welfare.

Divorce

The formal termination of a marriage through a court or authorized entity.

Polygamy

A marriage system in which an individual has multiple spouses at the same time.