Question: Tockit is a children's toy developer that uses the resource - based model of above - average returns. Which of the following steps does it
Tockit is a children's toy developer that uses the resourcebased model of aboveaverage returns. Which of the following steps does it use in its business?
a Study the external environment, especially the industry environment.
b Use the firm's strengths to implement the strategy.
c Find the most attractive industry in which to compete.
d Determine the firm's capabilities.
Step by Step Solution
There are 3 Steps involved in it
1 Expert Approved Answer
Step: 1 Unlock
Question Has Been Solved by an Expert!
Get step-by-step solutions from verified subject matter experts
Step: 2 Unlock
Step: 3 Unlock
