A Resource-Based Strategy

question 29

Multiple Choice

A resource-based strategy

• A)focuses on exploiting a company's best-executed operating strategy.
• B)is based upon efficient performance of the company's primary value chain activities.
• C)concentrates on minimizing the costs associated with the design of a product or service.
• D)attempts to exploit resources in a manner that offers value to customers in ways rivals are unable to match.
• E)focuses on working with forward channel allies to develop capabilities to outmatch the capabilities of rivals.

---

Definitions:

Automated Teller Machine

An electronic banking machine that allows customers to complete basic transactions without the need for a branch representative.

Information Access

The ability or the right to obtain and use information, typically emphasizing ease or barriers to entry in the context of technology or data.

Cash Management

The process of collecting, managing, and investing a company's cash flow in a way that optimizes its financial stability and profitability.

Investment

The process of distributing funds with the aim of earning returns or profits.