A company's resources and capabilities represent
A)the firm's net working capital and related determinants for measuring operating performance and capabilities.
B)the firm's competitive assets that determine its competitiveness and ability to succeed in the marketplace.
C)whether the firm has the industry's most efficient value chain.
D)management's sources and uses of funding for new strategic initiatives.
E)positive trends with relevant cultural factors related to buyers' choices and product modifications.

Question

Quizplus · Accepted Answer

A company's resources and capabilities are its competitive assets that determine its competitiveness and ability to succeed in the marketplace. It includes things like skilled employees, intellectual property, brand reputation, technology, and distribution channels. These assets give a company a competitive edge over its rivals and are essential for long-term success.

A Company's Resources and Capabilities Represent