For a Resource or Capability to Be a Source of Competitive

question 9

True/False

For a resource or capability to be a source of competitive advantage,two conditions must be present: scarcity and relevance

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Definitions:

Human Evolution

The lengthy process of change by which people originated from apelike ancestors, characterized by developments in brain size, locomotion, and tool use.

Coexisted

The act or state of living or existing at the same time or in the same place with another or others.

Neanderthals

An ancient human species distinguished by their survival skills in Ice Age Europe, contributing to the genetic makeup of modern humans through interbreeding.

Homo Sapiens

The scientific name for modern humans, characterized by a high level of cognitive ability, complex language, and the capacity for abstract thought.