According to the Resource-Based View of the Organisation,the Four Characteristics

question 3

True/False

According to the resource-based view of the organisation,the four characteristics that make a resource particularly useful in a competitive marketplace are that they are: valuable,rare,inimitable and non-substitutable,

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Definitions:

Bank Vaults

Highly secured rooms or compartments in banks used for storing valuable items, including money, documents, and safe deposit boxes.

Economic Liquidity

The ease with which an asset can be converted into cash without affecting its market price.

U.S. Government Securities

Financial instruments issued by the United States Department of the Treasury to finance the federal government's operations, regarded as safe investments due to government backing.

Financial Crisis

A broad term for a situation where financial assets suddenly lose a large part of their nominal value.