A company's strategy is likely to succeed if:
A) it is predicated on leveraging a competitively valuable collection of resources and capabilities that match the strategy.
B) the company has the resources and capabilities needed to keep its costs competitive.
C) it has the expertise to cost-effectively manage value chain activities over rivals.
D) it has the innovative capabilities to bypass certain value chain activities of rivals.
E) All of these.

Question

Quizplus · Accepted Answer

All of these options are important factors in determining whether or not a company's strategy will succeed. A company must leverage its resources and capabilities in a way that aligns with its strategy, keep costs competitive, effectively manage its value chain activities, and innovate to bypass certain activities of rivals. All of these factors working together can lead to a successful strategy.

A Company's Strategy Is Likely to Succeed If