For a Particular Company's Resource or Capability to Have Real

question 108

Multiple Choice

For a particular company's resource or capability to have real competitive power and perhaps qualify as a basis for competitive advantage, it should

• A)be hard to copy, be rare and something rivals lack, be competitively valuable, and not be easily trumped by substitute resource strengths possessed by rivals.
• B)be something that a company does internally rather than in collaborative arrangements with outsiders.
• C)be patentable.
• D)be an industry key success factor and occupy a prime position in the company's value chain.
• E)have the potential for lowering the firm's unit costs.

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Definitions:

Bribe

An illegal payment or gift given with the intent to influence the actions or decisions of the recipient, often in a way that is unethical or corrupt.

Jurors

Members of a jury, who are selected to examine the evidence in a court case and make a decision or find a verdict.

Convict

A person found guilty of a crime by a court of law or through a legal process.

Defendant

A party against whom a lawsuit is filed in a court of law.