________ are resources required to successfully compete in an industry.
A) Strategically valuable assets
B) Technological leader strategies
C) Process innovations
D) Product innovations

Question

Quizplus · Accepted Answer

Strategically valuable assets are resources that give a company a competitive advantage. These assets can include brand reputation, patents, and unique capabilities that are difficult for competitors to imitate. Technological and process innovations can contribute to this advantage, but they are means to an end rather than the resources themselves. Product innovations may also be helpful, but they are not a necessary requirement for success in an industry.

________ Are Resources Required to Successfully Compete in an Industry