A(n) _____ Resource Is a Resource That Is Impossible or Extremely

question 104

Multiple Choice

A(n) _____ resource is a resource that is impossible or extremely costly or difficult for other firms to duplicate.

• A)accessible
• B)imperfectly imitable
• C)nonsubstitutable
• D)obsolete
• E)slack

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Definitions:

Market Segmentation

The practice of dividing a market into distinct groups of buyers with different needs, characteristics, or behaviors who might require separate products or marketing strategies.

Foreign Companies

Businesses that are headquartered in one country but operate and have facilities or investments in other countries.

Ownership

The legal right or title to an asset or property, granting the owner control and claim over its use and benefits.

Ethical Policies

Guidelines within an organization aimed to ensure practices conform to accepted standards of integrity and fairness.