Briefly Identify the Four Conditions That Must Be Met If

question 11

Essay

Briefly identify the four conditions that must be met if a firm's resources are to be used to achieve a sustainable competitive advantage.

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Definitions:

Certain Time Span

A specific period or duration of time, defined by start and end points.

Descent Groups

Social groups whose members claim common ancestry; fundamental to the social organization of many societies.

Entire Society

Pertains to all members and aspects of a specific community or population, encompassing its culture, institutions, and individuals.

Social Organization

The structured patterns of relationships and roles found within societies that organize and coordinate collective human activities.