One Criteria for a Resource or Capability to Be a Source

question 32

True/False

One criteria for a resource or capability to be a source of competitive advantage is that it allows the firm to perform a value-creating activity that competitors cannot perform.

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Definitions:

Dishonored

A term often used in finance to describe the refusal of a bank to pay a check or draft presented against insufficient funds.

Payable

Refers to an amount of money that must be paid, typically in the context of bills or debts.

Insurance Agent

a professional who sells, solicits, or negotiates insurance policies on behalf of an insurance company to clients.

Bearer Instruments

Financial documents that entitle the holder or bearer to a sum of money or value stated on the document, without requiring ownership registration.