Which of the Following Statements Regarding the Resource-Based View Is

question 13

Multiple Choice

Which of the following statements regarding the resource-based view is accurate?

• A) Competitively valuable resources and capabilities are controlled only by a firm's general managers.
• B) Only lower level employees need to accept the responsibility of creating, nurturing and exploiting resources and capabilities that can generate competitive advantages for a firm.
• C) Employees should define their jobs in functional terms instead of in competitive and economic terms.
• D) Competitive advantage is too important to remain the sole property of senior management.

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Definitions:

Competitive Intelligence

The systematic gathering, analysis, and application of information about competitors, market conditions, and other external factors affecting the business.

Public Debt

The total amount of money that a government owes to creditors, which can include domestic or foreign individuals, institutions, or other governments.

Labour Legislation

Laws and regulations governing employment standards, worker's rights, and employer responsibilities in the workplace.

Tax Incentives

Financial reductions or exemptions offered by governments to encourage certain economic activities or investments.