A resource$-$based strategy

Multiple Choice

focuses on exploiting a company's best$-$executed operating strategy.

is based upon efficient performance of the company's primary value chain activities.

concentrates on minimizing the costs associated with the design of a product or service.

attempts to exploit resources in a manner that offers value to customers in ways rivals are unable to match.

focuses on working with forward channel allies to develop capabilities to outmatch the capabilities of rivals.