Which of the following statements is true about the principles of competitive strategy?
A)A company's strengths are the resources and capabilities that deliver unique value.
B)A company's strengths are the resources and capabilities that are subject to rapid obsolescence.
C)A company's weaknesses should always be masqueraded as strengths so that companies are afraid of attacking competitive strengths.
D)A company's own weaknesses must be strengthened instead of being neutralized.

Question

Quizplus · Accepted Answer

Competitive strategy principles highlight the importance of a company's strengths, which are the resources and capabilities that deliver unique value to customers, differentiate it from competitors and enable it to compete effectively. It is important to leverage these strengths to create a sustainable competitive advantage.

Which of the Following Statements Is True About the Principles