Multiple Choice
The difference between a resource and a capability is that
A) a resource refers to a company's best-executed functional strategy and a capability refers to a company's best-executed business strategy.
B) a resource refers to a company's most strategically important asset,whereas a capability refers to the basis of a company's competitive advantage over rivals.
C) a resource is a competitively relevant internal activity that a firm performs especially well relative to other internal activities,whereas a capability is a competitively important activity performed by key strategic allies.
D) a resource represents a competitive asset that is owned or controlled by the company,whereas a capability is a competently performed internal activity that is developed through the deployment of the company's resources.
E) a resource usually resides in a company's technology and physical assets (state-of-the-art plants and equipment,attractive real estate locations,and so on) ,whereas a capability usually resides in a company's human capital,information capital,or organizational capital.
Correct Answer:

Verified
Correct Answer:
Verified
Q12: Why do a company's core competencies matter
Q52: The primary activities included in the value
Q53: Draw a typical company value chain,and briefly
Q54: When looking at the entire industry,the main
Q55: Assume a firm is at a cost
Q56: Which of the following is not a
Q58: The competitive power of a company resource
Q59: Identifying the primary and secondary activities that
Q61: A company's competitive strength scores<br>A)pinpoint its strengths
Q62: Assume a firm is at a cost