Strategies are most effective when firms leverage unique, firm-specific resources and capabilities.

Name: Strategies are most effective when firms leverage unique, firm-specific resources and capabilities.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

This statement is true. Strategies are most effective when they are tailored to leverage a firm's unique resources and capabilities. This can give a firm a competitive advantage over its rivals and help ensure the success of its strategy.

Strategies Are Most Effective When Firms Leverage Unique, Firm-Specific Resources