Competitive Advantage Typically Comes From

question 50

Multiple Choice

Competitive advantage typically comes from:

• A)individual resources
• B)one very outstanding resource
• C)several outstanding resources acting independently
• D)the unique bundling of several resources

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Definitions:

Social Exchange Theory

A hypothesis positing that actions within a society stem from a transactional process designed to optimize advantages while reducing disadvantages.

Bystander Effect

A social psychological phenomenon where individuals are less likely to offer help to a person in need when other people are present.

Commotion

Disturbance or turmoil caused by a large amount of noise and confusion.

Social Exchange Theory

A sociological and psychological theory that studies the social behavior in the interaction of two parties that implement a cost-benefit analysis to determine risks and benefits.