When It Is Difficult or Impossible to Out-Strategize Rivals (Beat

question 69

Multiple Choice

When it is difficult or impossible to out-strategize rivals (beat them with a superior strategy) ,the other main avenue to competitive advantage is to

• A) do a better job of empowering employees and flattening the organization structure.
• B) outcompete them with a stronger corporate culture.
• C) out execute them (beat them by performing certain value chain activities in superior fashion).
• D) beat them with a healthy corporate culture based on such core values as high ethical standards, a strong sense of corporate social responsibility, and genuine concern for customer well-being.
• E) institute a more motivating and cost-efficient compensation and reward system.

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Definitions:

ABCDE Rules

Guidelines used to assess the characteristics of moles and skin lesions for signs of melanoma, focusing on Asymmetry, Border, Color, Diameter, and Evolving.

Melanoma

A type of skin cancer that develops from the melanocytes, the cells that produce the pigment melanin, and is known for its potential to spread to other parts of the body.

Asymmetry

The lack of equality or equivalence between parts or aspects of something; not symmetrical.

Semicircular Canals

Structures located in the inner ear.