The Competitive Power of a Company Resource Depends on

question 58

Multiple Choice

The competitive power of a company resource depends on

• A)whether it helps differentiate a company's product offering from the product offerings of rival firms.
• B)whether the resource is really competitively valuable,if it is rare and something competitors lack,how hard it is to copy or imitate,and how easily it can be trumped by the substitute resource strengths and competitive capabilities of rivals.
• C)whether customers are aware of the resource and view it positively enough to boost the company's brand name reputation.
• D)whether the resource is something rivals are unable to perform,if it is an important differentiating product or service feature,how strongly it contributes to the company's brand image,and if it is the foundation of a cost-based advantage.
• E)whether the resource is technology-based or based on superior marketing know-how.

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Definitions:

Custom Installation

The process of installing only those features of a software program that a user wants on the hard drive.

Data Category

A classification of data based on shared characteristics, making data management more efficient.

Audio Compression

A technique to reduce the size of audio files by removing unnecessary data, while trying to maintain the original sound quality as much as possible.

MP3

A digital audio format widely used for storing music files and audio streaming, known for its compression capabilities.