Knowee
Questions
Features
Study Tools

Successfully managing _____________ can be a competitive advantage.Select one:a.cooperative strategyb.unrelated managerial strategyc.corporationd.cooperative

Question

Successfully managing _____________ can be a competitive advantage.

Select one:

  • a. cooperative strategy
  • b. unrelated managerial strategy
  • c. corporation
  • d. cooperative
🧐 Not the exact question you are looking for?Go ask a question

Solution

The most appropriate option to fill in the blank in the statement "Successfully managing _____________ can be a competitive advantage" is:

a. cooperative strategy.

Explanation:

A cooperative strategy involves collaboration between firms to achieve mutually beneficial outcomes, which can enhance competitive advantage. By effectively managing cooperative strategies, organizations can leverage each other's strengths, share resources, enhance innovation, and gain access to new markets, ultimately creating a stronger position in the competitive landscape. This strategic approach can lead to improved performance and sustainability in a highly competitive environment.

In contrast, the other options do not align as closely with the concept of competitive advantage in a collaborative context. Therefore, option a is the best choice.

This problem has been solved

Similar Questions

Outline how operations management can improve a business’s ability to compete with its competitors.

What generis strategies can organisation use to achieve and sustain its competitive advantage

Competitive Advantage is normally obtained by leading in one of the following exceptSelect one:a.Product differentiationb.Mass sellingc.Low cost

If a firm finds it most profitable to adopt the same strategy regardless what its rival chooses to do, then that firm has a dominant strategy

Discuss six strategic positioning choices which the strategic managers can make inorder to maintain a competitive advantage in their organization.

1/3

Upgrade your grade with Knowee

Get personalized homework help. Review tough concepts in more detail, or go deeper into your topic by exploring other relevant questions.