Which of the following best describes the competitive advantage perspective that looks at the impact of external factors?
A) Resource-based view
B) Guerilla view
C) Industrial organization view
D) All of the answer choices are correct.
E) None of the answer choices is correct.

Question

Quizplus · Accepted Answer

The Industrial organization view focuses on the impact of external factors on a company's competitive advantage. It suggests that a company's external factors, such as industry structure, competition, and customer demands, drive its strategy and competitiveness. The resource-based view focuses on a company's internal resources and capabilities, while the guerilla view is a strategy of using unconventional tactics to compete with larger competitors. Therefore, only option C is the correct answer.

Which of the Following Best Describes the Competitive Advantage Perspective