A company's strategic commitments
A) allow it to imitate a competitor's advantage rapidly.
B) are a way to avoid failure.
C) occur when an organization is profitable.
D) reduce inertia.
E) allow it to develop a particular set of resources and capabilities.

Question

Quizplus · Accepted Answer

Strategic commitments are a company's investment in a particular set of resources and capabilities that give it a competitive advantage and allow it to stand out from its competitors. These commitments are not easily imitated by competitors, thus providing the company with a sustainable competitive advantage. In essence, strategic commitments help a company develop a unique identity that sets it apart from its competitors.

A Company's Strategic Commitments