When a Company Has Weaknesses Relative to Competitors Among Strategically

Multiple Choice

When a company has weaknesses relative to competitors among strategically important resources and capabilities,the appropriate strategic response is to:

A) Invest heavy in order to upgrade weaknesses
B) Diversify in order to find new areas of business where these resources and capabilities are unimportant to competitive advantage
C) Outsource those activities where third parties can offer superior capabilities while positioning the business to reduce vulnerable to remaining weaknesses
D) Employ management consultants to seek a solution.