Proponents of the Resource-Based View Argue That External Factors Are

question 106

True/False

Proponents of the resource-based view argue that external factors are more important than internal factors for a firm in achieving and sustaining competitive advantage.

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Definitions:

Utilitarianism

A theory in normative ethics holding that the best moral action is the one that maximizes utility or happiness for the greatest number of people.

Positivism

A philosophical approach that emphasizes the observational and empirical evidence as the foundation for knowledge and understanding.

Biological Determinism

The idea that biological factors such as genetic makeup determine human behavior and societal roles.

Hard Deviance

Activities or behaviors that strongly deviate from societal norms and are often perceived as being harmful or criminal by the general public.