The Existence of a Competitive Advantage Through Resources and Competencies

question 64

Multiple Choice

The existence of a competitive advantage through resources and competencies is linked to:

• A)The ratio between the value and the cost of these resources and competencies
• B)The scarcity and relevance of these resources and more importantly that of their derived competences
• C)The durability and transferability of these resources and competencies
• D)The difficulty of acquiring these resources and competencies externally or building them in-house

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Definitions:

Real Agendas

The true intentions or goals behind individuals' actions or decisions, often hidden or not openly communicated.

Unconsciously

The state or condition of being unaware or not consciously considering something.

Closed Communications

A communication style where interactions are restricted, information flow is limited, and feedback is discouraged, leading to a lack of transparency.

Active Listening

The practice of fully concentrating, understanding, responding, and remembering what is being said in a conversation.