For a company to translate its performance of value chain activities into competitive advantage,it must
A) develop core competencies and maybe a distinctive competence over rivals and that are instrumental in helping it deliver attractive value to customers or else be more cost efficient in how it performs value chain activities.
B) have more core competencies than rivals.
C) have at least three distinctive competencies.
D) have competencies that allow it to produce the highest quality product in the industry.
E) have more competitive assets than competitive liabilities.

Question

Quizplus · Accepted Answer

Developing core competencies and distinctive competencies that help deliver value to customers or enhance cost efficiency is crucial for a company to turn its value chain activities into a competitive advantage. Having more core competencies or distinctive competencies than rivals or having the highest quality product in the industry does not necessarily guarantee a competitive advantage. Additionally, the concept of competitive liabilities is not relevant to this question.

For a Company to Translate Its Performance of Value Chain