For a Resource to Provide a Firm with the Potential

question 12

Multiple Choice

For a resource to provide a firm with the potential for a sustainable competitive advantage, it must have the following four attributes

• A) Rare, valuable, mobile, and nonsubstitutable.
• B) Rare, inimitable, physically unique, and nonsubstitutable.
• C) Rare, valuable, inimitable, and nonsubstitutable.
• D) Rare, valuable, physically unique, and causally ambiguous.

Recognize the components necessary for a complete understanding of personality.

Identify characteristics of individualistic versus collectivist cultures.

Differentiate between the application of personality research in real-world settings.

Comprehend how personality is assessed and measured by psychologists.

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Definitions:

Fama And French

Fama and French are economists Eugene Fama and Kenneth French, known for their work on asset pricing models, including the three-factor model that considers market, size, and value factors in portfolio returns.

Regression Coefficient

A number that represents the relationship between a dependent variable and an independent variable in statistical models, indicating the strength and direction of the correlation.

Single Factor Model

A financial model that describes an asset's returns as dependent on a single market index or factor.

Fama-French Three Factor Model

The Fama-French Three Factor Model expands on the Capital Asset Pricing Model by incorporating three factors: market risk, size risk, and value risk, to explain stock returns.