Formulating a strategy based on distinctive competencies provides an organization with a unique benefit that allows the organization to _____.
A) gain advantage over its competitors
B) retain its product-oriented focus for growth
C) rely on the critical characteristics and events of the past
D) focus on selling rather than on customer satisfaction

Question

Quizplus · Accepted Answer

Formulating a strategy based on distinctive competencies allows an organization to leverage its unique strengths and gain an advantage over its competitors, which is essential for sustainable growth and success. Retaining a product-oriented focus or relying on past characteristics/events may not necessarily provide a competitive advantage, and focusing solely on selling without prioritizing customer satisfaction is not a sustainable business model.

Formulating a Strategy Based on Distinctive Competencies Provides an Organization