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Which of the Following Helps a Firm to Preempt Available

question 20

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Which of the following helps a firm to preempt available demand, gain cost advantages related to volume, and build an enduring brand ahead of later competitors?


Definitions:

Organizational Strengths

Organizational strengths are the unique resources, capabilities, and positive attributes that enable an organization to achieve its goals and maintain a competitive advantage.

Failures of Substance

Refers to errors or mistakes due to inadequate knowledge, skills, or capabilities.

Strategy Selection

The process of choosing the most appropriate course of action for an organization to achieve its goals.

Sustainable Competitive Advantage

The ability to outperform rivals in ways that are difficult or costly to imitate.

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