To Build a Competitive Advantage by Out-Managing Rivals in Performing

Multiple Choice

To build a competitive advantage by out-managing rivals in performing value chain activities,a company must:

A) position itself in the industry's more favorably situated strategic group.
B) develop resource strengths that will enable it to pursue the industry's most attractive opportunities.
C) develop core competencies and maybe a distinctive competence that rivals don't have or can't quite match and that are instrumental in helping it deliver attractive value to customers or else be more cost-efficient in how it performs value chain activities such that it has a low-cost advantage.
D) outsource all of its value chain activities to world-class vendors and suppliers.
E) eliminate its resource weaknesses.