The Resource-Based View of the Firm

question 43

Multiple Choice

The resource-based view of the firm

• A)emphasizes that it is difficult to develop and sustain a competitive advantage based on resources alone.
• B)argues that the industry environment has a stronger influence on firms' ability to implement strategies successfully than does the competitor environment.
• C)calls for firms to focus on their homogeneous capabilities to compete against their rivals.
• D)suggests that vision and mission are closely linked to sustainable competitive advantage.

Appreciate the significance of external and internal validity in research design.

Understand the circumstances under which dividends become a liability for corporations.

Recognize how unexpected company developments may impact preferred and common shareholders.

Evaluate the limitations and considerations of the dividend growth model in analyzing stock value.

---

Definitions:

Dysthymic Disorder

A chronic form of depression characterized by a depressed mood for most of the day, for more days than not, for at least two years.

Sexual Arousal

The physiological and psychological state of being prepared or stimulated for sexual activity.

SSRIs

Selective Serotonin Reuptake Inhibitors, a class of drugs commonly used to treat depression and anxiety disorders by increasing levels of serotonin in the brain.

Cognitive-behavioral

A therapeutic approach that addresses dysfunctional emotions, maladaptive behaviors, and cognitive processes through goal-oriented, systematic procedures.