The Resource-Based Model of the Firm Argues That

question 84

Multiple Choice

The resource-based model of the firm argues that

• A)all resources have the potential to be the basis of sustainable competitive advantage.
• B)resources alone can be a source of sustainable competitive advantage.
• C)the key to competitive success is the structure of the industry in which the firm competes.
• D)resources that are valuable, rare, costly to imitate, and non-substitutable form the basis of a firm's core competencies.

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Definitions:

Gene Therapy

A medical treatment involving the modification of a person's genes to prevent or treat disease.

Nucleus

The vital body in the protoplasm of a cell.

Metabolic Activities

The chemical processes that occur within a living organism in order to maintain life.

Cell Division

The process by which a parent cell divides into two or more daughter cells, crucial for growth, repair, and reproduction in living organisms.