The Resource-Based Model Argues That

question 100

Multiple Choice

The resource-based model argues that:

• A) all resources have the potential to be the basis of sustainable competitive advantage.
• B) resources alone can be a source of sustainable competitive advantage.
• C) the key to competitive success is the structure of the industry in which the firm competes.
• D) resources that are valuable, rare, costly to imitate, and non-substitutable form the basis of a firm's core competencies.

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Definitions:

Discount Formula

A mathematical formula used to determine the present value of a future amount or a series of future cash flows, factoring in a discount rate.

Evaluate

The process of examining something carefully to judge its value or worth, often used in financial and analytical contexts.

Superscript

A character, such as a number or letter, that is set slightly above the normal line of type, often used in mathematical expressions to denote powers or indices.

Solve For R

A common phrase in finance and mathematics referring to the process of finding the rate of interest or return.