To build a competitive advantage by out-managing rivals in performing value chain activities, a company must
A. position itself in the industry's more favorably situated strategic group.
B. develop core competencies and maybe a distinctive competence that rivals don't have or can't quite match and that are instrumental in helping it deliver attractive value to customers.
C. develop resource strengths that will enable it to pursue the industry's most attractive opportunities.
D. outsource all of its value chain activities to world-class vendors and suppliers.
E. eliminate its resource weaknesses.
Answer: B
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________ is the cost per unit at that level of production
A) Target cost B) Average cost C) Marginal cost D) Opportunity cost E) Fixed cost
Yashar has received steady pay increases over the years for his solid sales performance. This year, the organization merged with another organization and money has become tight. Yashar doubts there’s any money available for raises. Therefore, he has not been motivated to work as hard. According to expectancy theory, Yashar is unmotivated because ______ is lacking.
A. valence B. instrumentality C. expectancy D. significance
A refusal by a creditor to accept a debtor's offer to pay cash in settlement of his or her debt
a. discharges the debt. b. excuses the debtor from future interest payments. c. renews the debt for six years. d. bars legal action by the creditor on the debt.
Packages have marketing value but no functional value.
Answer the following statement true (T) or false (F)