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

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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,


Definitions:

Eighteenth Century

A period from 1701 to 1800 that is marked by significant historical events including the Enlightenment and the American Revolution.

Artisan Shops

Small-scale businesses specializing in handmade or traditional products, often emphasizing quality and craft.

Eighteenth-Century Slavery

The period marked by widespread use of slave labor, particularly in the American colonies and the Caribbean, where African slaves were forcibly brought to work on plantations.

High Death Rates

The occurrence of a large number of deaths within a particular population or area over a specific period, often measured per thousand individuals.

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