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According to the Resource-Based View,a Necessary Condition for Competitive Advantage

question 1

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According to the resource-based view,a necessary condition for competitive advantage is that:


Definitions:

Liquidation

The termination of a business and the sale of its assets.

Value Statement

A declaration that communicates an organization's core principles and ethical commitments to its stakeholders.

Honesty

The quality of being truthful, transparent, and free from deceit or fraud.

Strategic

Pertaining to the identification of long-term or overall aims and interests and the means of achieving them, often within a competitive context.

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