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There Are Four Conditions That Must Be Met If a Firm's

question 36

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There are four conditions that must be met if a firm's resources are to be used to achieve a sustainable competitive advantage. The resources must be valuable, rare, imperfectly imitable, and nonsubstitutable.


Definitions:

Organizational Factors

Various elements within an organization that can influence its operations and outcomes, such as its structure, culture, and management practices.

Core of Creativity

The essential element or quality that enables someone to conceive new and original ideas or things.

Intrinsic Motivation

Motivation that stems from the direct relationship between the worker and the task; it is usually self-applied.

Gender Schema

A cognitive framework that organizes information regarding gender-related qualities and behaviors.

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