For a Resource to Be Valuable, It Must Be Either

question 116

True/False

For a resource to be valuable, it must be either rare, hard to imitate, or not easily substitutable.

---

Definitions:

Heart

In a biological context, it is the muscle that pumps blood through the circulatory system; in a metaphorical sense, it can be considered the core or central part of something.

External Environment

Refers to the outside factors and influences that can affect the performance and operation of a business, including economic, political, technological, and social elements.

Opportunities

Chances or prospects for advancement, progress, or profit in various contexts.

Threats

Potential negative circumstances or events that could harm an organization, its operations, or assets.