3M's Ability to Leverage Its Knowledge of Adhesive and Thin-Film

question 39

Multiple Choice

3M's ability to leverage its knowledge of adhesive and thin-film technology is an example of which strategic management viewpoint?

• A) Competitor analysis
• B) Resource-based view
• C) Functional analysis
• D) Value-chain analysis

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Definitions:

Dependents

Individuals who rely on others for financial support or care, typically within the context of a family or a close relationship.

Rational Choice Theory

An economic principle that states individuals always make prudent and logical decisions that provide them with the highest amount of personal utility.

Macro Level

Analysis or perspectives focused on large-scale structures and processes in society, often contrasting with micro-level individual or small group interactions.

Maximize Interests

The process of optimally increasing the benefits or gains from a situation or decision.