To Successfully Imitate the Strategy of Another Firm, an Organization

Multiple Choice

To successfully imitate the strategy of another firm, an organization must:

A) Identify and diagnose the rival's advantage, believe in its ability to deliver a superior return, and, finally, acquire the resource
B) Identify and diagnose the rival's advantage, and then acquire the resource
C) Benchmark the rival's activities and resources, believe in a superior return, and build the rival's resource in-house
D) Benchmark the rival's activities and resources, identify the rival's weaknesses, and, finally, believe in its ability to deliver a superior return