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:

Rationalists

Individuals who emphasize reason and evidence over doctrine or faith in guiding beliefs and actions.

Technical Reports

Detailed documents that communicate technical information in a structured format to a specific audience, often used in science, engineering, and business.

Incrementalists

Individuals or theorists who advocate for or adopt a gradual approach to change, focusing on small-scale or step-by-step improvements.

Existing Policy

The current set of rules, regulations, or directives that govern actions within a specific domain or organization.