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According to the Text,valuable,rare,imperfectly Imitable Resources Can Produce a Sustainable

question 87

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According to the text,valuable,rare,imperfectly imitable resources can produce a sustainable competitive advantage. What kind of resources must they also be to do so?


Definitions:

Stock Price

The current price at which a share of a company is bought or sold in the stock market.

Book Value

The net value of a company's assets minus its liabilities, as recorded on the balance sheet.

Return on Total Assets

A financial ratio that measures a company's profitability relative to its total assets.

Total Assets

The sum of all assets owned by a company, reflecting its overall resources, including both current and non-current assets.

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