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The Resource-Based Model Assumes That Firms Must Have Resources That

question 69

True/False

The resource-based model assumes that firms must have resources that are rare or costly to imitate to form a basis for competitive advantage.


Definitions:

Gender

Socially constructed roles, behaviors, activities, and attributes that a given society considers appropriate for men and women.

Patterns of Touch

Standard ways in which individuals use physical touch to communicate emotions, intentions, or cultural meanings.

Emotional Support

Assistance provided through empathy, concern, and understanding to help someone cope with their emotions and problems.

Social Institution

An established and organized system of social behavior with a recognized purpose.

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