The phrase "and fails to exploit" is correct and usable in written English.
It can be used when discussing a situation where an opportunity or potential is not taken advantage of.
Example: "The strategy was poorly implemented and fails to exploit the market's potential for growth."
Alternatives: "and does not take advantage of" or "and neglects to utilize".
Partly in consequence and partly because many fighter pilots were intimidated by the Lightning's size and complexity, the Army Air Forces were ambivalent about the P-38 and failed to exploit aggressively its superior range and high-altitude performance when it was the only fighter in Europe capable of escorting bombers deep into Germany.
Chelsea offered little threat and failed to exploit gaps down City's wings.
In this regard, most thinning prescriptions for mixed-species stands are still qualitatively vague, trial and error-like, and fail to exploit available knowledge about mixed-stand dynamics.
Although these methods efficiently recover the split loss, most of them simply focus on removing intra-frame redundancies and fail to exploit inter-frame redundancies.
From September 2012 until May 2013, Republicans have shamefully tried, and failed, to exploit the deaths of Americans at Benghazi for partisan gain.
Initial transcriptome sequencing studies were largely exploratory, and failed to exploit the potential for next-generation transcriptome sequencing at different scales [ 10].
In other words, patients with FMSS may misattribute agency in a post hoc fashion and fail to exploit high-level posterior beliefs that they are the agents of their own actions.
This approach ignores the fact that the channel attenuation of the desired and the interfering signals is uncorrelated, and therefore fails to exploit interference diversity.
The real division that "Head of State" acknowledges, and that it sadly fails to exploit, is not really between races but between a political culture built on blandness, sameness and dishonesty and a popular culture, incarnated by the movie's hip-hop soundtrack, that is polymorphous, candid and profane.
That means it fails to exploit its biggest advantage the fact that it can invest for the long term.
