If Firms That Do Not Possess Resource or Capabilities Face

question 67

Multiple Choice

If firms that do not possess resource or capabilities face a cost disadvantage in obtaining these resources or capabilities compared to the firms that already possess them,these resources and capabilities are termed

• A) rare.
• B) valuable.
• C) imperfectly imitable.
• D) perfectly imitable.

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Definitions:

Acid Derivative

A compound obtained by replacing one or more of the hydroxyl groups of an acid with an organic group.

Anhydride

A compound formed from the removal of water molecules between two carboxylic acid molecules.

Organic Product

A compound or material derived from living organisms or produced by organic chemical reactions.

Reaction

A transformation process where reactants are converted into different substances known as products.