Proponents of the Resource-Based View Argue That External Factors Are

question 106

True/False

Proponents of the resource-based view argue that external factors are more important than internal factors for a firm in achieving and sustaining competitive advantage.

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Definitions:

Global Weather Patterns

The typical distribution of weather phenomena around the world that influences climate and environmental conditions.

Greenhouse Gases

Gases that trap long-wave infrared radiation and are responsible for rising global temperatures and climate change.

Oil Refineries

Industrial processing plants where crude oil is transformed and refined into usable petroleum products, such as gasoline, diesel, and jet fuels.

Environmental Pollution

The contamination of the natural environment due to harmful substances or energies, often resulting from human activities and leading to adverse effects on ecosystems and health.