The Competitive Power of a Company Resource Depends on

question 58

Multiple Choice

The competitive power of a company resource depends on

• A)whether it helps differentiate a company's product offering from the product offerings of rival firms.
• B)whether the resource is really competitively valuable,if it is rare and something competitors lack,how hard it is to copy or imitate,and how easily it can be trumped by the substitute resource strengths and competitive capabilities of rivals.
• C)whether customers are aware of the resource and view it positively enough to boost the company's brand name reputation.
• D)whether the resource is something rivals are unable to perform,if it is an important differentiating product or service feature,how strongly it contributes to the company's brand image,and if it is the foundation of a cost-based advantage.
• E)whether the resource is technology-based or based on superior marketing know-how.

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Definitions:

Job Duties

Specific responsibilities, tasks, and functions that are expected to be performed as part of a particular job role.

Appreciative Inquiry

A management approach that focuses on identifying and leveraging an organization's strengths and successes to improve and transform it.

Refreezing

The final stage in the change process where new behaviors, norms, and values are solidified into the organization's culture, ensuring the change is sustainable.

Positive Elements

Aspects or components of a situation or environment that contribute positively to the desired outcome or goal.