According to Hambrick and Fredrickson, which of the following elements of a strategy represents the competitive advantage of an organization?
A) arenas
B) vehicles
C) differentiators
D) economic logic

Question

Quizplus · Accepted Answer

Differentiators represent how an organization distinguishes itself from its competitors and is therefore a source of competitive advantage. Arenas refer to the industries or markets in which the organization competes, vehicles refer to the methods used to compete, and economic logic refers to the way the organization creates and captures value in its chosen arenas. While all of these elements are important in a strategy, only differentiators directly represent the competitive advantage of an organization.

According to Hambrick and Fredrickson, Which of the Following Elements