Which of the Following Statements Regarding the Resource-Based View Is

question 13

Multiple Choice

Which of the following statements regarding the resource-based view is accurate?

• A) Competitively valuable resources and capabilities are controlled only by a firm's general managers.
• B) Only lower level employees need to accept the responsibility of creating, nurturing and exploiting resources and capabilities that can generate competitive advantages for a firm.
• C) Employees should define their jobs in functional terms instead of in competitive and economic terms.
• D) Competitive advantage is too important to remain the sole property of senior management.

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Definitions:

Rate Busting

A term used, particularly in labor, to describe the act of working more quickly or efficiently than the expected or standard rate, which can disrupt agreed-upon wage scales or norms.

Group Incentives

Motivational rewards offered to a group of employees for achieving certain goals or performance benchmarks.

Disapproval

The expression of dissatisfaction or disagreement with something or someone, often leading to a negative evaluation or judgment.

Spot Bonus

An unplanned bonus given for employee effort unrelated to an established performance measure.