According to the Resource-Based View, a Firm's Resources Should Add

question 25

True/False

According to the resource-based view, a firm's resources should add value, be rare, be exploited, and easy to duplicate or substitute.

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Definitions:

Patched Tire

A tire that has undergone a repair process to fix a puncture or hole, extending its usable life.

Rim

The outer edge or boundary of an object, often circular, such as a cup, bottle, or basketball hoop.

Compact Discs

Digital optical disc data storage format, commonly used for storing music and other data.

LP Records

Long-playing vinyl records, a format for sound recording and playback that gained popularity in the mid-20th century.