Which of the following most accurately reflect a company's resource strengths?
A) Its human, physical and/or organization assets; its skills and competitive capabilities; and achievements or attributes that enhance the company's ability to compete effectively
B) The sizes of its unit sales, revenues, and market share vis-à-vis those of key rivals
C) The sizes of its profit margins and return on investment vis-à-vis those of key rivals
D) Whether it has more primary activities in its value chain than close rivals and a better overall value chain than these rivals
E) Whether it has more core competencies than close rivals

Question

Quizplus · Accepted Answer

Resource strengths refer to the attributes and capabilities that a company possesses, which enhance its ability to compete effectively. These can include human, physical and organizational assets, skills and competitive capabilities, and achievements or attributes that give the company an edge in its industry. Option A is the most accurate description of these resource strengths among the given options. Options B and C measure financial performance and market share, which are outcomes of resource strengths rather than the strengths themselves. Option D refers to a better value chain than rivals, which could be a consequence of but not necessarily a measure of resource strengths. Lastly, option E assumes that having more core competencies automatically translates to resource strengths, which is not always the case.

Which of the Following Most Accurately Reflect a Company's Resource