A resource$-$based strategy

Multiple Choice

is typically based on a stand$-$alone resource strength such as technological expertise.

uses a company's valuable and rare resources and competitive capabilities to deliver value to customers that rivals have difficulty matching.

uses industry key success factors to provide a company with a core competence that rivals cannot effectively imitate.

refers to a company's most efficiently executed value chain activity.

is often based on cross$-$department combinations of intellectual capital and expertise.