The ________ Approach to Strategic Management Argues That the Development

question 6

Multiple Choice

The ________ approach to strategic management argues that the development of unique capabilities is the major determinant of competitive advantage.

• A) resource-based
• B) industry forces
• C) strategic management diamond
• D) stakeholder

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Definitions:

Diaphragm

A muscular partition separating the thorax from the abdomen, playing a major role in breathing.

Pancreas

An organ with vital roles in both the endocrine and digestive systems, secreting insulin and digestive enzymes.

Spleen

An organ located under the ribcage and above the stomach that filters blood, stores red blood cells and platelets, and produces white blood cells.

Gallbladder

A small organ located under the liver, responsible for storing and concentrating bile.