A company's resources and capabilities represent:1) the firm's net working capital and related determinants for measuring operating performance and capabilities. 2) the firm's competitive assets, which are considered big determinants of its competitiveness and ability to succeed in the marketplace. 3) whether the firm has the industry's most efficient value chain. 4) management's source of funding of new strategic initiatives. 5) All of these.

Question

Business

Zayden Boyer

24 September, 00:37

A company's resources and capabilities represent:1) the firm's net working capital and related determinants for measuring operating performance and capabilities. 2) the firm's competitive assets, which are considered big determinants of its competitiveness and ability to succeed in the marketplace. 3) whether the firm has the industry's most efficient value chain. 4) management's source of funding of new strategic initiatives. 5) All of these.

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Eva Morton · Answer 1

Option B is correct - The firm's competitive assets, which are considered big determinants of its competitiveness and ability to succeed in the marketplace.

Explanation:

This is because resources and the capabilitities are the strengths that enable us to exploit opportunities and provides potential safgaurd against competitors actions. Furthermore if we have good enough strengths then we will be able to take projects that will decide the future of the company and if we are not able to take the necessary projects because we lack resources and capabilities then greater are the chances we will be defeated on the market share capturing race. This all constittutes to competitive advantages over the competitor's products.