Describe the Four Specific Criteria That Managers Can Use to Decide

question 50

Essay

Describe the four specific criteria that managers can use to decide which of their firm's capabilities have the potential to create a sustainable competitive advantage.

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Definitions:

But-For Test

A legal test used to determine causation, indicating that an event (the consequence) would not have occurred but for a certain action (the cause).

Actual Cause

also known as "cause in fact," it refers to the factual determination that a defendant's actions are the direct cause of an event or damage.

Plaintiff's Injury

The harm or damage suffered by the plaintiff that forms the basis of their claim in a lawsuit.

Negligence Per Se

is a legal doctrine that deems an act as negligent because it violates a statute or regulation.