When Resources and Capabilities Serve as a Source of Competitive

question 34

Multiple Choice

When resources and capabilities serve as a source of competitive advantage for a firm, the firm has created a(n) :

• A) strategic mission.
• B) inspiring vision.
• C) core competence.
• D) sustainable market niche.

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Definitions:

Donee Beneficiary

In contract law, a person who benefits from a contract made between two other parties, where the intention is to gift the benefit or performance.

Promisee

A person to whom a promise is made or directed, particularly in a legal contract.

Familial Relationship

A social or blood connection existing between two or more people who are considered to be part of the same family unit.

Recognized

Generally refers to the acceptance or acknowledgment of something as valid, legal, or official.