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:

Feed Self

The ability of an individual to independently eat or drink without assistance.

Cup And Spoon

Utensils commonly used for consuming liquids or semi-solid foods, often mentioned in the context of feeding or measuring.

Months

Units of time, approximately 30 days long, used in conjunction with a calendar to denote the passage of time.

Simple Commands

Basic, straightforward instructions provided to a computer or device that perform immediate actions or operations without complexity.