One of the Important Conditions That a Firm Must Meet

question 67

Multiple Choice

One of the important conditions that a firm must meet in order to gain a sustainable competitive advantage with its capital is:

• A)the firm's overhead costs must be high.
• B)the firm's resources must be imperfectly imitable.
• C)the firm's production technology should be obsolete.
• D)the firm's product prices must be high.
• E)the firm's organization must be highly centralized.

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Definitions:

Field Selector

A user interface element that enables the user to choose specific fields or data elements for display or manipulation.

Field Bar

The Field Bar is a user interface element in software applications where specific fields' data or options can be entered or displayed; commonly seen in databases or form-based interfaces.

Add New

A command or button in software applications used to create a new entity, like a document, database record, or item in a list.

New (Blank)

A state or condition of being empty or untouched, starting from the beginning, often referring to a document or file with no content.