The Competitive Power of a Company Resource Strength or Competitive

question 73

Multiple Choice

The competitive power of a company resource strength or competitive capability hinges on

• A) how hard it is for competitors to copy.
• B) whether it is rare and something rivals lack.
• C) whether it is really competitively valuable and having the potential to contribute to a competitive advantage.
• D) how easily it can be trumped by the substitute resources/capabilities of rivals.
• E) All of these.

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Definitions:

Highly Self-Confident

Describes an individual who has a strong belief in their own abilities, skills, and judgment.

Ignoring Potential

Failing to recognize or utilize the abilities, skills, or talents that individuals or situations possess, often leading to missed opportunities for growth or improvement.

Strong Character

Refers to an individual who possesses moral integrity, resilience, and courage, often demonstrated through consistent ethical behavior and determination in the face of challenges.

Reporting Financial

Involves the process of preparing financial statements that disclose an organization's financial status to management, investors, and the government.