What Term Describes a Framework Used in Strategy Based on Resource

question 20

Multiple Choice

What term describes a framework used in strategy based on resource heterogeneity which posits that for a competitive advantage to be sustainable,it must be underpinned by resource capabilities that are scarce and imperfectly mobile?

• A)Persistence of profitability for the firm
• B)Capability-based theory of the firm
• C)Regression to the mean
• D)Resource-based theory of the firm
• E)Five-forces framework

Grasp the impact of demographical shifts, like life expectancy and the increasing percentage of elderly in the population.

Recognize the significance of social issues related to disability and the disability rights movement.

Analyze the intersection of social class with physical attributes such as height and obesity.

Comprehend the importance of body image in society and its relation to social, economic, and technological factors.

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Definitions:

Principal

A party who has the primary responsibility in a transaction or legal action, or the amount of money originally invested or loaned, excluding any profits or interest.

Agent

An individual or entity authorized to act on behalf of another person, known as the principal, in legal or business matters.

Incorporation

The process of legally declaring a corporate entity as separate from its owners.

Management

The process of coordinating and overseeing the operations and activities of an organization or business to achieve defined objectives.