A Company That Is at a Disadvantage in the Marketplace

question 87

Multiple Choice

A company that is at a disadvantage in the marketplace because it lacks competitively valuable resources possessed by rivals

• A)should consider divesting assets and making future investments in promising new industries.
• B)may be able to develop substitute resources that accomplish the same objective as the competitively valuable resource possessed by rivals.
• C)can still marshal competitive power in the marketplace by incorporating product or service features desired by niche buyers.
• D)is virtually blockaded from using offensive strategies and must rely on defensive strategies.
• E)should abandon strategy elements that have caused its weakness in the marketplace.

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Definitions:

Pseudoscience

Practices or beliefs mistakenly regarded as being based on scientific method.

Testable Explanation

A theory that can be validated or disproven through experimental or observational methods.

Hypothesis

A proposed explanation for a phenomenon, serving as the starting point for further investigation through experimentation and observation.

Pseudoscience

Claims, beliefs, or practices presented as scientific but lacking empirical evidence or falsifiability, not adhering to the scientific method.