A Resource-Based Strategy

question 33

Multiple Choice

A resource-based strategy

• A)is often based on cross-department combinations of intellectual capital and expertise.
• B)uses a company's valuable and rare resources and competitive capabilities to deliver value to customers that rivals have difficulty matching.
• C)is typically based on a stand-alone resource strength such as technological expertise.
• D)refers to a company's most efficiently executed value-chain activity.
• E)uses industry key success factors to provide a company with a core competence that rivals cannot effectively imitate.

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Definitions:

Lion Gate

A main entrance of the Bronze Age citadel of Mycenae in southern Greece, marked by a relief sculpture of two lionesses.

Theran Paintings

Wall paintings from the ancient city of Akrotiri on the island of Thera (Santorini), showcasing sophisticated frescoes with naturalistic motifs and figures.

Marble Figurines

Small, carved statues typically made from marble, representing human or mythological forms, often found in ancient Mediterranean cultures.

Cyclades

A group of islands in the Aegean Sea, significant in ancient Greek history and archaeology for their early Cycladic civilization.