The Uniqueness of a Firm's Resources and Capabilities Is the Basis

question 99

True/False

The uniqueness of a firm's resources and capabilities is the basis for a firm's strategy and determines its ability to earn above-average returns under the I/O view.

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Definitions:

Sole Problem

A unique or the only issue at hand that requires resolution.

Information Sharing

The act of exchanging data, knowledge, or insights among individuals, teams, or organizations to facilitate decision-making or problem-solving.

Power Struggles

Conflicts that arise from competing desires or needs for control, dominance, or authority among individuals or groups.

Polarization

The process in which opinions, beliefs, or interests start becoming extreme and groups become divided.