The Common Types of Valuable Resources and Competitive Capabilities That

question 63

Multiple Choice

The common types of valuable resources and competitive capabilities that management should consider when crafting a strategy include

• A) a skill,specialized expertise,or competitively important capability.
• B) valuable physical and intangible assets.
• C) valuable human assets and intellectual capital.
• D) valuable organizational assets and competitively valuable alliances.
• E) All of these choices are correct.

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Definitions:

SCM

Supply Chain Management encompasses monitoring and managing the flow of materials, information, and finances as they transition from suppliers to manufacturers, wholesalers, retailers, and then to the end consumer.

Production

The process of creating, manufacturing, or assembling products or services, often involving raw materials and component parts.

SCM

Managing the supply chain involves guiding the journey of materials, financial resources, and information from their source with suppliers to their ultimate destination with consumers, passing through various stages including manufacturing and retailing.

Metric-intensive

Metric-intensive describes activities or processes that heavily rely on the use of metrics, measurements, and data analysis for decision-making, performance assessment, or optimization.