What Is Most Likely to Happen If a Firm Relies

question 47

Multiple Choice

What is most likely to happen if a firm relies too long on a competency without honing, refining, and upgrading as the firm and the environment change?

• A) The firm's original core competency can turn from a liability into an asset.
• B) The firm's organizational inertia can turn into its core rigidity.
• C) The firm's competitive parity can turn into its competitive advantage.
• D) The firm's culture can turn from a core competency into a core rigidity.

---

Definitions:

Revenue Enhancement

Strategies or activities undertaken by a company to increase its income/revenue, potentially including new product launches, market expansion, and sales promotions.

Market Power

The ability of a firm to influence the price or quantity of goods or services in a market, often due to its size or unique positioning.

Complementary Resources

Resources or assets that, when combined, enhance the value or performance of each other within a product or service.

Book Values

The net value of a company's assets as recorded on the balance sheet, often differing from market value.