How Did Porter Define Technology, Human Resources, and Firm Infrastructure

question 68

Essay

How did Porter define technology, human resources, and firm infrastructure?

---

Definitions:

Rescission

Rescission is the legal act of unmaking or terminating a contract, returning the parties involved to their positions prior to the contract's existence.

Restitution

The return of any property given up under a contract.

Absolute Obligation

A duty or responsibility that is not subject to any conditions and must be fulfilled under all circumstances.

Equitable Remedies

Court-enforced actions directed at a party in a civil lawsuit, aimed at correcting a legal wrong or injustices, such as orders for specific performance, injunctions, and rescissions.