According to the Resource-Based View of Management,an Implication for Action

question 52

Multiple Choice

According to the resource-based view of management,an implication for action is that _____ though important,is not likely to be a successful strategy.

• A) benchmarking
• B) commoditization
• C) reshoring
• D) ambidexterity

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Definitions:

Quantity Demanded

The complete quantity of a product or service that buyers are ready and able to buy at a certain price during a defined time frame.

Quantity Supplied

Quantity Supplied is the amount of a commodity that producers are willing to sell at a particular price over a certain period of time.

Equilibrium

A situation in the market where demand and supply balance out, causing prices to remain stable.

Quantity Supplied

The total amount of a good or service that producers are willing to sell at a given price over a specific period.