A firm's resources and capabilities are used to build the firm's core competencies which, in turn, are the building blocks for the firm's strategy and its:
A) core advantage.
B) absolute advantage.
C) competitive advantage.
D) comparative advantage.

Question

Quizplus · Accepted Answer

A firm's core competencies help it achieve a competitive advantage over its rivals by providing unique value to customers or operating more efficiently than competitors. Therefore, the correct option is C) competitive advantage.

A Firm's Resources and Capabilities Are Used to Build the Firm's