A Resource-Based Strategy

question 29

Multiple Choice

A resource-based strategy

• A)focuses on exploiting a company's best-executed operating strategy.
• B)is based upon efficient performance of the company's primary value chain activities.
• C)concentrates on minimizing the costs associated with the design of a product or service.
• D)attempts to exploit resources in a manner that offers value to customers in ways rivals are unable to match.
• E)focuses on working with forward channel allies to develop capabilities to outmatch the capabilities of rivals.

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Definitions:

Equal

Pertaining to the concept of sameness or equivalence in value, quantity, or meaning.

Set of Data

A collection of related pieces of information considered collectively, often consisting of numerical values or categorical classifications.

Mean

The average of a set of numbers, calculated by adding all the numbers together and then dividing by the count of those numbers.

Data

Information collected for reference or analysis, often numerical, that can be used for calculation and statistical study.