All of the Following Characteristic(s)reflect the Uniqueness of a Resource

question 15

Multiple Choice

All of the following characteristic(s) reflect the uniqueness of a resource including

• A) no other competing firms possess the resource.
• B) the resource is hard to imitate.
• C) the resource adds value.
• D) the organization should be able to exploit the resource.
• E) All of the answer choices are correct.

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Definitions:

Experimental Control

The process of keeping variables constant or regulating external factors to ensure that observed effects are due to manipulated variables only.

Independent Variable

A manipulated factor in an experiment, chosen to determine its potential effect on a dependent outcome.

Dependent Variable

The outcome factor in a study that changes in response to manipulations of the independent variable.

Nonexperimental Method

A research strategy that involves observing and collecting data without manipulating the environmental conditions or variables.