Resources That Provide a Firm with Competitive Advantage Are (Choose

question 49

Multiple Choice

Resources that provide a firm with competitive advantage are (choose two)

• A)valuable.
• B)imitation-proof.
• C)nonsubstitutable.
• D)rare.

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Definitions:

Selective Attention

The cognitive process of focusing on particular objects or tasks in the environment while ignoring others, enabling the prioritization of information processing.

Perceptual Errors

Mistakes in judgment or interpretation made by individuals due to subjective biases, misleading appearances, or incorrect information.

Perception Influences

Factors that affect how individuals interpret and make sense of their sensory experiences.

Recognizing

The act of identifying or acknowledging the existence or truth of something.