In General, as Long as the Number of Firms That

question 14

Multiple Choice

In general, as long as the number of firms that possess a particular valuable resource or capability is less than the number of firms needed to generate perfect competition dynamics in an industry, that resource or capability can be considered ________ and a potential source of competitive advantage.

• A) valuable
• B) rare
• C) inimitable
• D) un-substitutable

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Definitions:

Portable Blood Pressure

A compact, mobile device designed to measure blood pressure outside of a traditional clinic setting, allowing for monitoring in various environments.

Calibration

The process of adjusting and validating the accuracy of a measurement instrument by comparing it with a standard.

Demonstrate

To clearly show the existence or truth of something by providing evidence or proof.

Average Normal Temperature

The general standard range of temperature considered typical for a healthy human body, usually around 98.6°F (37°C).