To Have the Potential to Become Sources of Competitive Advantage

question 8

Multiple Choice

To have the potential to become sources of competitive advantage, resources and capabilities must be non-substitutable, valuable, __________, and __________.

• A) unique; easy to imitate
• B) easy to imitate; difficult to implement
• C) rare; costly to imitate
• D) easy to implement; unique

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Definitions:

Social Media

Digital platforms and technologies that enable users to create, share content, and participate in social networking.

Cellphone User

An individual who uses a mobile phone or smartphone for communication, internet browsing, and other applications.

Commonsense Guidelines

Basic, practical rules that are based on common sense or practical experience.

Annual Banquet

A formal meal hosted yearly, often by an organization or institution, to celebrate achievements or facilitate gatherings.