According to Michael Porter's Theory, Which of the Following Factors

question 15

Multiple Choice

According to Michael Porter's theory, which of the following factors influences whether firms achieve competitive advantage?

• A) adopting strategies that will make their current industries more attractive
• B) possessing superior capabilities
• C) bundling together complementary resources
• D) having greater resources compared to competitors

---

Definitions:

Sponge

An object or organism able to absorb liquid quickly; metaphorically, a person who absorbs information readily.

Rock

A naturally occurring solid aggregate of minerals or mineral-like substances.

Decentered Thinking

Refers to the ability to consider multiple aspects of a situation simultaneously, characteristic of more advanced stages of cognitive development.

False Belief Tasks

Experimental tasks used to assess a child’s understanding that other people can hold beliefs that are different from reality, a key part of theory of mind development.