The Four Tests of a Resource's Competitive Power Are Often

question 23

Multiple Choice

The four tests of a resource's competitive power are often referred to as the

• A)SCIR test, which asks if a resource is sustainable, competitive, internalized, and reproducible.
• B)competitive advantage sustainable method test.
• C)reliability resources simulation.
• D)VRIN test, which asks if a resource is valuable, rare, inimitable, and nonsubstitutable.
• E)organizational capability metric analysis.

---

Definitions:

Range

The difference between the highest and lowest values in a data set, used as a measure of statistical dispersion.

Natural Causes

Factors that affect events or conditions based on processes inherent to the natural world, as opposed to human-made influences.

Assignable Causes

Factors identified as reasons for variation in a process, which can be isolated and where corrective action can be applied.

Process Capability Ratio

A statistical measure that evaluates the ability of a production process to produce output within specified limits.