Resources and Capabilities Can Generate Higher Profits

question 30

Multiple Choice

Resources and capabilities can generate higher profits

• A)if competition is fierce.
• B)if the competitive advantage they generate is sustained for some years.
• C)only if governments allow firms to share resources.
• D)only where cartels are effectively allowed.

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Definitions:

Tactile

Relating to or perceptible through the sense of touch.

Auditory

Relating to the sense of hearing or the system involved in the perception of sound.

Antipsychotic Medication

Drugs used to treat psychiatric conditions by altering brain chemistry, particularly in cases of schizophrenia, bipolar disorder, and severe depression.

Residential Care

A form of long-term care provided in residential facilities for individuals who need assistance with daily living activities due to age, illness, or disability.