In the Resource-Based View of Strategy,the Set of Conditions Leading

question 23

Multiple Choice

In the resource-based view of strategy,the set of conditions leading to sustainable competitive advantage is that the organisation's resources are:

• A)valuable,rare,imperfectly imitable and unique
• B)invaluable,common,imperfectly imitable and difficult to substitute
• C)valuable,common,perfectly imitable and difficult to substitute
• D)valuable,rare,imperfectly imitable and easy to substitute

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Definitions:

Historical Focus

An emphasis or concentration on understanding events, circumstances, and contexts from the past.

Pathology

The study of diseases and the structural and functional changes they cause.

Biological Perspective

The biological perspective in psychology focuses on understanding human behavior through the lens of genetics, brain structures, and biochemical processes.

Behaviour

The actions or reactions of an individual in response to external or internal stimuli.