There Are Four Conditions That Must Be Met If a Firm's

question 36

True/False

There are four conditions that must be met if a firm's resources are to be used to achieve a sustainable competitive advantage. The resources must be valuable, rare, imperfectly imitable, and nonsubstitutable.

---

Definitions:

Supervisory Style

The manner in which a supervisor oversees, guides, and manages employees, which can range from authoritarian to democratic.

Employee Complaints

Formal grievances or expressions of dissatisfaction made by employees about workplace conditions, policies, or treatment.

Situational Leadership

A leadership style approach that suggests the most effective leaders adapt their style to the maturity and competencies of the individuals or groups they are leading.

Leadership Style

The characteristic manner or approach through which a leader guides, directs, and influences the work of others.