One Implication of the Resource-Based Perspective Is That

question 67

Multiple Choice

One implication of the resource-based perspective is that:

• A)Firms tend to adopt similar or close strategies
• B)Firms focus on being different from competitors in ways which matter to their competitiveness and to customers
• C)Firms focus on building a stronger portfolio of capabilities than the average portfolio of their rivals
• D)Firms focus on understanding their resources and capabilities in regards to their weaknesses

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Definitions:

Telomerase

An enzyme that adds nucleotide sequences to the ends of chromosomes, thereby preventing their shortening during cell division.

Malignant Cells

Abnormal cells that divide uncontrollably and have the potential to invade other tissues, leading to cancer.

Neoplasm

An abnormal growth of tissue, which can be benign or malignant, resulting from uncontrolled cell division.

Oncogene

A gene that has the potential to cause cancer by transforming a normal cell into a tumor cell when mutated or expressed at high levels.